! Required information Exercise 7-15A Comprehensive single-cycle problem LO 7-1, 7-5, 7-6 The following information applies to the questions displayed below) The following post-closing trial balance was drawn from the accounts of Little Grocery Supplier (LGS) as of December 31, Year 1 Credit Debit $9,000 41,000 $ 2,500 78,000 Cash Accounts receivable Allowance for doubtful accounts Inventory Accounts payable Common stock Retained earnings Total 21.00 50,00 54,500 $128,000 5128,00 Transactions for Year 2 ! Required information Exercise 7-15A Comprehensive single-cycle problem LO 7-1, 7-5, 7-6 The following information applies to the questions displayed below) The following post-closing trial balance was drawn from the accounts of Little Grocery Supplier (LGS) as of December 31, Year 1 Credit Debit $9,000 41,000 $ 2,500 78,000 Cash Accounts receivable Allowance for doubtful accounts Inventory Accounts payable Common stock Retained earnings Total 21.00 50,00 54,500 $128,000 5128,00 Transactions for Year 2