Question: Presented below is the format of the worksheet using the periodic inventory system presented in Appendix 5B. Indicate where the following items will appear on
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Indicate where the following items will appear on the worksheet:
(a) Cash,
(b) Beginning inventory,
(c) Accounts payable,
(d) Ending inventory.
Example
Cash: Trial balance debit column; Adjustment trial balance debit column; and Balance sheet debitcolumn.
Adjusted Trial Income Trial Balance AdjustmentsBalance Dr.Cr. Statement Balance Sheet Dr. l Cr Dr. l Cr Dr. l Cr
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