Presented on the next page are selected accounts for Alvarez Company as reported in the worksheet at the end of May 2008.

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

Adjusted Trial Balance Income Statement Balance Sheet Accounts Dr. Cr. Dr. Cr. Dr. Cr Cash Merchandise Inventory Sales Sales Returns and Allowances Sales Discounts Cost of Goods Sold 9,000 80,000 450,000 10,000 5,000 250,000