Prepare a worksheet for Morin Co. from the following information. a/b. Merchandise Inventory, ending $9 c. Store
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Prepare a worksheet for Morin Co. from the following information.
a/b. Merchandise Inventory, ending $9
c. Store Supplies on hand $2
d. Depreciation on Store Equipment $3
e. Accured Salaries $2
Morin Co.
Trial Balance
December 31, 20XX
| Dr. | Cr. | |
|---|---|---|
| Cash | 7.00 | |
| Accounts Receivable | 2.00 | |
| Merchandise Inventory | 13.00 | |
| Store Supplies | 8.00 | |
| Store Equipment | 20.00 | |
| Accumulated Dep., Store Equipment | 8.00 | |
| Accounts Payable | 7.00 | |
| J. Morin, Capital | 38.00 | |
| Income Summary | ||
| Sales | 44.00 | |
| Sales Returns and Allowances | 6.00 | |
| Purchases | 19.00 | |
| Purchases Discount | 5.00 | |
| Freight-In | 2.00 | |
| Salaries Expense | 13.00 | |
| Advertising Expense | 12.00 | |
| Total | 102.00 | 102.00 |
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