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Chart of Accounts Ledger Unadjusted Trial Balance Adjusted Trial Balance Palisade Creek Co. is a merchandising business that uses the perpetual inventory system. The account balances for Palisade Creek Co. as of are as follows: 110 Cash $83,600 233,900 624,400 112 Accounts Receivable 115 Merchandise Inventory 116 Estimated Returns Inventory 117 Prepaid Insurance 118 Store Supplies 123 Store Equipment 124 Accumulated Depreciation-Store Equipment 210 Accounts Payable 211 Customers Refunds Payable 16,800 11,400 569,500 56,700 212 Salaries Payable 310 Lynn Tolley, Capital, June 1, 2918 685,300 135,000 5,069,000 2,823,000 311 ynn Tolley, Drawing 410 Sales 510 Cost of Merchandise Sold 520 Sales Salaries Expense 521 Advertising Expense 522 Depreciation Expense 523 Store Supplies Expense 529 Miscellaneous Selling Expense 530 Office Salaries Expense 281,000 12,600 382,100 83,700 532 Insurance Expense 539 Miscellaneous Administrative Expense 4 more Check My Wok uses remaining / Chart of Accounts Ledger Unadjusted Trial Balance Adjusted Trial Balance Palisade Creek Co. is a merchandising business that uses the perpetual inventory system. The account balances for Palisade Creek Co. as of are as follows: 110 Cash $83,600 233,900 624,400 112 Accounts Receivable 115 Merchandise Inventory 116 Estimated Returns Inventory 117 Prepaid Insurance 118 Store Supplies 123 Store Equipment 124 Accumulated Depreciation-Store Equipment 210 Accounts Payable 211 Customers Refunds Payable 16,800 11,400 569,500 56,700 212 Salaries Payable 310 Lynn Tolley, Capital, June 1, 2918 685,300 135,000 5,069,000 2,823,000 311 ynn Tolley, Drawing 410 Sales 510 Cost of Merchandise Sold 520 Sales Salaries Expense 521 Advertising Expense 522 Depreciation Expense 523 Store Supplies Expense 529 Miscellaneous Selling Expense 530 Office Salaries Expense 281,000 12,600 382,100 83,700 532 Insurance Expense 539 Miscellaneous Administrative Expense 4 more Check My Wok uses remaining /

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