Presented on the next page are selected accounts for McPhan Company as reported in the worksheet using a perpetual inventory system at the end of May 2017?

Instructions
Complete the worksheet by extending amounts reported in the adjusted trial balance to the appropriate columns in the worksheet. Do not total individualcolumns.

Transcribed Image Text:

Adjusted Trial Balance Income Statement Dr. Accounts Balance Sheet r. Cr. Dr Cr Cash Inventory Sales Revenue Sales Returns and Allowances 10,000 Sales Discounts Cost of Goods Sold 11,000 76,000 Lie 480,000 9,000 300,000