Comprehensive Problem 2 Part 1 and Part 2 Palsade Creek Co. is a merchandising busiress. The account balances for Palisade Creek Co. as of May 1, 2014 (unless otherwise indicated), are as follows 110 Cash 112 Accounts Receivable 115 Merchandise Inventory 116 Prepaid Insurance 117 Store Supplies 123 Store Equipment $ 83,600 233,900 602,400 16,800 11,400 210 Accounts Payable 211 Salaries Payable 310 Capital Stock 100,000 135,000 5,221,100 59,400 1 Retained Eamings 312 Dividends 313 Income Summary 410 Sales 411 Sales Returns and Allowances 412 Sales Discounts 510 Cost of Merchandise Sold S20 Sales Salaries Expense 21 Advertising Expense 522 Depreciation Expense S23 Store Supplies Expense 529 Miscellaneous Selling Expense 530 Office Salaries Expense 531 Rent Expense 532 Insurance Expense 39 Miscellaneous Administrative Expense 281,000 12,600 382,100 7,800 Balance in the item section, and place a d h of the assounts in the appropriate balance column of a four-column account. Wnite