To review the accounting cycle, you will act as the bookkeeper for Travis Auto Parts, a sole proprietorship owned by Michael Travis The post-closing trial balance for Travis Auto Parts for December 31, 2014 is given below: Travis Auto Parts Post-Closing Trial Balance December 31, 2014 Credit Cash Accounts Receivable Allowance for Bad Debts Inventory Supplies Prepaid Rent Prepaid Insurance Store Equipment Accumulated Depreciation Accounts Payable Short-term Notes Payable Interest Payable (on the $16, 000 note) Salaries Payable Unearned Revenue Michael Travis, Capital $11,520 3, 820 9,500 250 640 23, 600 $14,160 4,660 16,000 400 580 13.530