PROBLEM 1 ” JOURNAL ENTRIES AND ACCOUNT BALANCES On January 1, 2006, the Brian Toole Company Inc. had the following account balances in its accounting system. (all the below balances are normal balances) Account Debit Credit Cash 300 Accounts recivable 1,200 Inventory Tools 13,000 Machinery 22,000 Accumulated Depreciation -5,500 Land […]