Trial Balance as of December 31, 2022 A/C Name Trial Balance DR CR Cash 4,000,000 Accounts receivable 4,500,000 Allowance for bad debt 350,000 Other debtors Merchandise Inventory 6,000,000 Store Supplies 1,000,000 Prepaid Insurance 5,015,000 Prepaid rent 1,960,000 Furniture & Equipment 8,000,000 Accumulated deprecation-Furniture and equipment 3,160,000 Motor Truck 2,000,000 Accumulated depreciation- Motor Truck 1,475,712 Accounts payable 450,000 Salary payable Interest payable Unearned Sales revenue Note Payable, long term Capital Withdrawals Sales revenue Sales discount Sales returns and allowances Cost of goods sold Salaries expense Insurance Expense Utilities Expense Rent Expense Depreciation Expense - Furniture and Equipment Depreciation Expense - Motor truck Store Supplies Expense Gain/loss on Disposal of Fixed Asset Bad-Debt Expense Interest Expense 600,000 2,800,000 18,000,000 56,570 25,954,858 354,000 245,000 9,500,000 7,500,000 700,000 1,960,000 52,790,570 52,790,570