The worksheet of Bridget's Office Supplies contains the following revenue, cost, and expense accounts. The merchandise inventory amounted to
$59,275
on January 1, 20X1, and
$52,225
on December
31,20\times 1
. The expense accounts numbered 611 through 617 represent selling expenses, and those numbered 631 through 646 represent general and administrative expenses. \table[[Accounts,,,],[401 Sales,
$
,246,600,Credit],[451 Sales Returns and Allowances,,4,300,Debit],[491 Miscellaneous Income,,350,Credit],[501 Purchases,,103,100,Debit],[502 Freight In,,1,925,Debit],[503 Purchases Returns and Allowances,,3,550,Credit],[504 Purchases Discounts,,1,750,Credit],[611 Salaries Expense-Sales,,44,800,Debit],[614 Store Supplies Expense,,2,260,Debit],[617 Depreciation Expense-Store Equipment,,1,460,Debit],[631 Rent Expense,,13,000,Debit],[634 Utilities Expense,,2,950,Gebit],[637 Salaries Expense-office,,20,600,Debit],[640 Payrol1 Taxes Expense,,5,500,Debìt],[643 Depreciation Expense-office Equipment,,520,Debit],[646 Uncollectible Accounts Expense,,670,Debit],[691 Interest Expense,,640,Debit]]