Accounting

Determining the Beginning and Ending Inventory from a Partial Work Sheet: Periodic Inventory System From the following partial work sheet, indicate the dollar amount of beginning and ending merchandise inventory. ADJUSTMENTS ADJUSTED TRIAL BALANCE INCOME STATEMENT . BALANCE SHEET ACCOUNT TITLE DEBIT CREDIT DEBIT CREDIT DEBIT CREDIT DEBIT CREDIT Merchandise Inventory (b) 45,055 (a) 49,500 45,055 45,055 Income Summary (a) 49,500 (b) 45,055 49,500 45,055 49,500 45,055 Beginning merchandise inventory Ending merchandise inventory X Feedback Check My Work Incorrect