The Following Accounts Are on the Balance Sheet Section of Scents

Essay

The following accounts are on the Balance Sheet section of Scents Galore worksheet for the date November 30,200X.
Additional information: Withdrawals for the period are $4,and Net Income is $12.
$\begin{array} { | l | l | l | } \hline \text { Account } & \text { Balance Sheet Debit } & \text { Balance Sheet Credit } \\\hline \hline \text { Cash } & 6 & \\\hline \text { Accounts Receivable } & 15 & \\\hline \text { Merchandise Inventory } & 14 & \\\hline \text { Store Equipment } & 30 & \\\hline \text { Accumulated Depreciation - Store } & & \\ \text { Equipment } & & 6 \\\hline \text { Accounts Payable } & & 19 \\\hline \text { Mortgage Payable } & & 24\\\hline \text { Scents Galore, Capital } & & 3\\\hline\end{array}$