Presented below are selected accounts for Carpenter Company as reported in the worksheet at the end of

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Presented below are selected accounts for Carpenter Company as reported in the worksheet at the end of May 2010.

InstructionsComplete the worksheet by extending amounts reported in the adjusted trial balance to the appropriate columns in the work sheet. Do not total individualcolumns.

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Accounting Principles

ISBN: 978-0470533475

9th Edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

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Question Posted: Sep 20, 2011 09:08 AM

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Presented below are selected accounts for Carpenter Company as reported in the worksheet at the end of

Question:

Adjusted Income Statement Balance Sheet Accounts Trial Balance Dr. Dr. Cr. Cr. Dr. Cr. 9,000 Cash Merchandise Inventory 76.000 450,000 Sales Returns and Allowances Sales Discounts Cost of Goods Sold 10,000 9,000 300,000

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