The Adjusted Trial Balance section of the worksheet for Henderson Janitorial Supplies follows. The owner made...

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The Adjusted Trial Balance section of the worksheet for Henderson Janitorial Supplies follows. The owner made no additional investments during the year. Accounts Cash Accounts Receivable Debit $ 19,000 60,200 Credit Allowance for Doubtful Accounts $ 160 Merchandise Inventory 186,600 Supplies 7,180 Prepaid Insurance 3,100 Equipment 51,400 Accumulated Depreciation-Equipment 18,200 Accounts Payable 9,100 Social Security Tax payable 1,430 Medicare Tax Payable 350 Jim Henderson, Capital 279,120 Jim Henderson, Drawing 74,400 Income Summary 180,400 186,600 Sales 775,000 Sales Returns and Allowances 14,800 Purchases 487,300 Freight In 5,800 Purchases Returns and Allowances 8,900 Purchases Discounts 5,700 Rent Expense 34,200 Telephone Expense 6,280 Salaries Expense Payroll Taxes Expense Supplies Expense Insurance Expense Depreciation Expense-Equipment Uncollectible Accounts Expense Totals Prepare a postclosing trial balance for the firm on December 31, 20X1. 123,540 12,100 7,000 1,600 8,500 1,160 $ 1,284,560 $ 1,284,560 The Adjusted Trial Balance section of the worksheet for Henderson Janitorial Supplies follows. The owner made no additional investments during the year. Accounts Cash Accounts Receivable Debit $ 19,000 60,200 Credit Allowance for Doubtful Accounts $ 160 Merchandise Inventory 186,600 Supplies 7,180 Prepaid Insurance 3,100 Equipment 51,400 Accumulated Depreciation-Equipment 18,200 Accounts Payable 9,100 Social Security Tax payable 1,430 Medicare Tax Payable 350 Jim Henderson, Capital 279,120 Jim Henderson, Drawing 74,400 Income Summary 180,400 186,600 Sales 775,000 Sales Returns and Allowances 14,800 Purchases 487,300 Freight In 5,800 Purchases Returns and Allowances 8,900 Purchases Discounts 5,700 Rent Expense 34,200 Telephone Expense 6,280 Salaries Expense Payroll Taxes Expense Supplies Expense Insurance Expense Depreciation Expense-Equipment Uncollectible Accounts Expense Totals Prepare a postclosing trial balance for the firm on December 31, 20X1. 123,540 12,100 7,000 1,600 8,500 1,160 $ 1,284,560 $ 1,284,560