Selected accounts follow for Kings Inc., as reported in the work sheet at the end of May
Question:
Selected accounts follow for Kings Inc., as reported in the work sheet at the end of May 2017:
Instructions
Extend the amounts reported in the adjusted trial balance to the appropriate columns in the work sheet. Do not total individual columns.
Transcribed Image Text:
Adjusted Trial Balance Income Statement Balance Sheet Dr Cr Cr Cr Accounts Cash Inventory Accounts payable Sales revenue Sales returns and allowances Sales discounts Cost of goods sold Salaries and wages expense Interest income Dr. Dr 9,000 80,000 26,000 480,000 10,000 5,000 290,000 62,000 12,000
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Related Book For
Intermediate Accounting
ISBN: 978-1119048534
11th Canadian edition Volume 1
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Nicola M. Young, Irene M. Wiecek, Bruce J. McConomy
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