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Use the unadjusted trial balance of Electric Bike on December 31, 2020. Debit Credit Cash $ 8,600 Accounts receivable 23,165 Merchandise inventory 35,100 Store supplies
Use the unadjusted trial balance of Electric Bike on December 31, 2020. Debit Credit Cash $ 8,600 Accounts receivable 23,165 Merchandise inventory 35,100 Store supplies 2,665 Office supplies 825 Prepaid insurance 3,755 Equipment 79,990 Accumulated depreciation, equipment $ 14,155 Accounts payable 8,500 Salaries payable 0 Braeden Li, capital 177,715 Braeden Li, withdrawals 64,500 Interest income 360 Sales 531,500 Sales returns and allowances 5,570 Cost of goods sold 381,660 Salaries expense 96,800 Rent expense 29,600 Supplies expense 0 Depreciation expense, equipment 0 Insurance expense 0 Totals
Use the unadjusted trial balance of Electric Bike on December 31, 2020.
Debit Credit
Cash $ 8,600
Accounts receivable 23,165
Merchandise inventory 35,100
Store supplies 2,665
Office supplies 825
Prepaid insurance 3,755
Equipment 79,990
Accumulated depreciation, equipment $ 14,155
Accounts payable 8,500
Salaries payable 0
Braeden Li, capital 177,715
Braeden Li, withdrawals 64,500
Interest income 360
Sales 531,500
Sales returns and allowances 5,570
Cost of goods sold 381,660
Salaries expense 96,800
Rent expense 29,600
Supplies expense 0
Depreciation expense, equipment 0
Insurance expense 0
Totals
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