The following unadjusted trial balance is prepared at fiscal year-end for Nelson Company. Nelson Compan perpetual inventory system. It categorizes the following accounts as selling expenses: Depreciation Expens Equipment, Sales Salaries Expense, Rent Expense-Selling Space, Store Supplies Expense, and Advertising categorizes the remaining expenses as general and administrative. NELSON COMPANY Unadjusted Trial Balance January 31 Credit Debit $ 28,350 12,500 6,000 2,300 42,700 $ 18,950 13,000 6,000 29,000 2,050 116,550 Cash Merchandise inventory Store supplies Prepaid insurance Store equipment Accumulated depreciation--Store equipment Accounts payable Common stock Retained earning Dividends Sales Sales discounts Sales returns and allowances Cont of goods sold Depreciation expense-Store equipment Sales salaries expense office salaries expense Insurance expense Rent expense-Selling space Rent expense-office space Store supplies expense Advertising expense Totals 2.050 2,150 38,000 0 13,150 13,150 0 6,000 6.000 0 9 100 $183,500 $183,500 Additional Information: The following unadjusted trial balance is prepared at fiscal year-end for Nelson Company. Nelson Compan perpetual inventory system. It categorizes the following accounts as selling expenses: Depreciation Expens Equipment, Sales Salaries Expense, Rent Expense-Selling Space, Store Supplies Expense, and Advertising categorizes the remaining expenses as general and administrative. NELSON COMPANY Unadjusted Trial Balance January 31 Credit Debit $ 28,350 12,500 6,000 2,300 42,700 $ 18,950 13,000 6,000 29,000 2,050 116,550 Cash Merchandise inventory Store supplies Prepaid insurance Store equipment Accumulated depreciation--Store equipment Accounts payable Common stock Retained earning Dividends Sales Sales discounts Sales returns and allowances Cont of goods sold Depreciation expense-Store equipment Sales salaries expense office salaries expense Insurance expense Rent expense-Selling space Rent expense-office space Store supplies expense Advertising expense Totals 2.050 2,150 38,000 0 13,150 13,150 0 6,000 6.000 0 9 100 $183,500 $183,500 Additional Information