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The worksheet of Bridger's Office Supplies contains the following revenue, cost, and expense accounts. The merchandise inventory amounted to $58,375 on January 1, 20x1, and

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The worksheet of Bridger's Office Supplies contains the following revenue, cost, and expense accounts. The merchandise inventory amounted to $58,375 on January 1, 20x1, and $51,325 on December 31, 20X1. The expense accounts numbered 611 through 617 represent selling expenses, and those numbered 631 through 646 represent general and administrative expenses Accounts 481 Sales 451 Sales returns and allowances 491 Miscellaneous income 501 Purchases 582 Freight in 583 Purchases returns and allowances 504 Purchases discounts 611 Salaries expense-Sales 614 Store supplies expense 617 Depreciation expense-Store equipment 631 Rent expense 634 Utilities expense 637 Salaries expense-office 640 Payroll taxes expense 643 Depreciation expense-office equipment 646 Uncollectible accounts expense 691 Interest expense $244, 800 Cr. 4,210 or 268 Cr. 102,200 Dr. 1,835 Dr. 3,460 Cr 1,660 Cr. 43,900 Dr. 2,170 Dr. 1, 370 Dr. 12, 100 Dr 2,860 Dr. 19,700 Dr 4,600 Dr. 430 Dr. 580 Dr. 460 Dr. The worksheet of Bridget's Office Supplies contains the following owner's equity accounts, Accounts 30 Bridget Swanson Capital $62,360 Cr. Net income for the year $46,715 The worksheet of Bridget's Office Supplies contains the following asset and liability accounts. The balance of the Notes Payable account consists of notes that are due within a year Accounts 101 Cash $19, 405 Or 187 Change fund 360 or 111 Accounts receivable 5,000 Dr. 112 Allowance for doubtful accounts 720 Cr. 121 Merchandise inventory 51,325 Dr. 131 Store supplies 960 Or. 133 Prepaid interest 60 Dr. 141 Store equipment 9,800 Dr. 142 Accum. depreciation-store equipoent 1,040 Cr. 151 office equipment 3,120 Dr. 152 Accun. depreciation-office equipment 360 Cr- 201 Notes payable 5, 360 Cr. 203 Accounts payable 3,585 Cr. 216 Interest payable 40 Cr. 231 Sales tax payable 1,750 Cr Prepare a balance sheet dated December 31, 20X1. BRIDGETS OFFICE SUPPLIES Balance Sheet BRIDGET'S OFFICE SUPPLIES Balance Sheet Assets Current Assets Prepaid Expenses Total Current Assets Plant and Equipment Store equipment Office equipment Total plant and equipment Total Assets Liabilities and Owner's Equity Current Liabilities Plant and Equipment Store equipment Office equipment Total plant and equipment Total Assets Liabilities and Owner's Equity Current Liabilities des Total Current Liabilities Owner's Equity Total Liabilities and Owner's Equity

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