Question: help me to do income statement sheet Ill Module 3 Notes.docx: Accoux | * Chat Thread * Google Translate X 5 Question 3 - Chapter

help me to do income statement sheet

help me to do income statement sheet Ill Module 3
Ill Module 3 Notes.docx: Accoux | * Chat Thread * Google Translate X 5 Question 3 - Chapter 5 Assig X problem 5-1A.docx X + X C 2% ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252Fstudent%252Fclass%2... * . . . Chapter 5 Assignment Saved Help Save & Exit Submit The following adjusted account information, in alphabetical order, was taken from the worksheet of John's Electronics for the month 3 ended April 30, 2023. A physical count on April 30, 2023, revealed a merchandise inventory balance actually on hand of $2,390. John's Electronics Unadjusted Trial Balance For Month Ended April 30, 2023 No . Account Debit Credit 25 201 Accounts payable $ 2,048 154 Accumulated depreciation, trucks 14, 900 points 101 Cash $ 1, 250 611 Depreciation expense, delivery trucks 570 633 Interest expense 110 References 301 John Yu, capital 26, 741 302 John Yu, withdrawals 8,850 119 Merchandise inventory 5,090 507 Purchase discounts 21 506 Purchase returns and allowances 100 505 Purchases 15, 440 413 Sales 30, 200 414 Sales returns and allowances 1, 670 688 Telephone expense, office 140 689 Telephone expense, store 270 508 Transportation-in 310 153 Trucks 28,900 623 Wages expense, office 4, 200 624 Wages expense, selling 7,300 Totals $ 74, 010 $ 74, 010 Required: a. Calculate net sales. Mc Graw Hill O Type here to search M P of A " () ENG 01:07 p T.To/-9/10

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!