Question: 42 complete) HW Score: 39.5%, 3 0 Data Table uses a perpetual inventory system. The unadjusted trial balance for Trevor Electronics Company at Mard unadjusted
42 complete) HW Score: 39.5%, 3 0 Data Table uses a perpetual inventory system. The unadjusted trial balance for Trevor Electronics Company at Mard unadjusted trial balance) he adjusting entries using the following cord debits first, then credits Select the explanation on 5400 Accounts and Explanatio Credit Requirements Balance Debit Credit 11,000 38.700 46,100 6.200 132,500 $ 37,300 16,200 14,600 46,000 59,000 200 28.000 292,000 147.000 24,600 15.100 5.200 10.900 Account Title Cash Accounts Receivable Merchandise Inventory Office Supplies Equipment Accumulated Depreciation Equipment Accounts Payable Uneamed Revenue Notes Payable, long-term Common Stock Retained Earnings Dividends Sales Revenue Cost of Goods Sold Salaries Expense (Seling) Rent Expense (Sering) Salaries Expense (Administrative) s Expense (Administrative) 1. Joumalize the adjusting entries using the following data: a. Interest revenue accrued, $400. b. Salaries (Seling) accrued $3,000 c. Depreciation Expense-Equipment (Administrative), 51,325 d. Interest expense accrued, $1,300 e. A physical count of inventory was completed. The ending Merchandise Inventory should have a balance of 545,700 Trevor estimates that approximately $5,000 of merchandise sold will be returned with a cost of $2,000. Prepare Trevor Electronics's adjusted trial balance as of March 31, 2018 3. Prepare Trevor Electronica's mus income statement for year ended March 31, 2018 U $ 465,300 $ 465 300 Print Done Print Done
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