Selected accounts and a section of a worksheet for Sunhill Stores are shown below.

Required

(a) The beginning and ending inventory were \($45\) 760 and \($52\) 420 respectively. Enter the beginning and ending inventory amounts in the appropriate columns and extend the other account balances listed to their appropriate columns.

Transcribed Image Text:

Worksheet (section only) Adjusted trial Balance sheet Credit balance Income statement Account Debit Credit Debit Credit Debit Inventory ? Sales $335 400 Sales Returns and Allowances $ 6500 Discount Allowed 4910 Purchases 196 560 Purchases Returns and Allowances 3280 Discount Received Freight Inwards Income Tax Expense Current Tax Liability 2610 1960 13760 13760