Presented below are selected accounts for B. Midler Company as reported in the worksheet at the end of May 2019. Ending inventory is $75,000.

Instructions Complete the worksheet by extending amounts reported in the adjusted trial balance to the appropriate columns in the worksheet. The company uses the periodic inventory system.

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Accounts Cash Inventory Purchases Purchase Returns and Allowances Sales Revenue Sales Returns and Allowances Sales Discounts Rent Expense Adjusted Trial Balance Dr. Cr. 9,000 80,000 240,000 10,000 5,000 42,000 30,000 450,000 Income Statement Dr. Cr. Balance Sheet Dr. Cr.