E2.21 (LO 8) (Worksheet) Presented below are selected accounts for Acevedo Company as reported in the worksheet at the end of May 2025.

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

Acevedo Company B C D Adjusted Income Trial Balance Statement Account Titles Dr. Cr. Dr. Cr. Dr. R Statement of Financial Position Cr. 2 Cash 15,000 3 Inventory 80,000 4 Sales Revenue 470,000 5 Sales Returns and Allowances 10,000 Sales Discounts 5,000 7 Cost of Goods Sold 250,000