Ch. 6 Comprehensive Problem 2, Part 1 Instructions Chart of Accounts Instructions Journal Ledger Unadjusted Trial Balance Palisade Creek Co. is a merchandising business that uses the perpetual inventory system. The account balances for Palisade Creek Co. as of May 1, 2017 (unless otherwise indicated), are as follows: 110 Cash $83.600 112 Accounts Receivable 233,900 115 Merchandise Inventory 652.400 117 Prepaid Insurance 16,800 118 Store Supplies 11.400 123 Store Equipment 569,500 124 Accumulated Depreciation-Store Equipment 56.700 210 Accounts Payable 96,600 211 Customer Defunde Downblo 50.000 X