Question: help! my numbers are not adding up Tighe Department Store uses a periodic inventory system. The adjusted trial balance of Tighe Department Store at December






Tighe Department Store uses a periodic inventory system. The adjusted trial balance of Tighe Department Store at December 31, 2018, follows: (Click the icon to view the adjusted trial balance.) Read the requirements. Begin by calculating the gross profit, then complete the income statement in the next step. Tighe Department Store uses a periodic inventory system. The adjusted trial balance of Tighe Department Store at December 31,20 (Click the icon to view the adjusted trial balance.) Read the requirements. Requirement 2. Journalize Tighe Department Store's closing entries. (Record debits first, then credits. Select the explanation on the las Start by closing revenues and other contra-expense accounts with credit balances. Tighe Department Store uses a periodic inventory system. The adjusted trial balance of Tighe Department Store at December 31, 2018, follows: (Click the icon to view the adjusted trial balance.) Read the requirements. Requirement 2. Journalize Tighe Departmont Store's closing entries. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Start by closing revenues and other contra-expense accounts with credit balances. Close expenses and any contra-revenue accounts for the period. Close Income Summary. Close Dividends. 1. Prepare Tighe Department Store's multi-step income statement for the year ended December 31, 2018. Assume ending Merchandise Inventory is $36,900. 2. Journalize Tighe Department Store's closing entries
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