I don't know how this works can you help 5-5A (Graded) i ! Required information TILL0378239A78252F0252Fms.mheducation.com%252Fmghmiddleware Saved

I don't know how this works can you help

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5-5A (Graded) i ! Required information TILL0378239A78252F0252Fms.mheducation.com%252Fmghmiddleware Saved [The following information applies to the questions displayed below] The following unadjusted trial balance is prepared at fiscal year-end for Nelson Company. Nelson Company uses a perpetual inventory system. It categorizes the following accounts as selling expenses: Depreciation Expense-Store Equipment, Sales Salaries Expense, Rent Expense-Selling Space, Store Supplies Expense, and Advertising Expense. It categorizes the remaining expenses as general and administrative. NELSON COMPANY Unadjusted Trial Balance January 31 Debit Credit Cash Merchandise inventory $ 1,000 12.500 Store supplies 5,800 Prepaid insurance 2,400 Store equipment 42,900 Accumulated depreciation-Store equipment $ 15,250 Accounts payable J. Nelson, Capital 10,000 32,000 J. Nelson, Withdrawals 2,200 Sales 111,950 Sales discounts 2,000 Sales returns and allowances 2,200 Cost of goods sold 38,400 Depreciation expense-Store equipment Sales salaries expense 17,500 office salaries expense 17,500 Insurance expense Rent expense-Selling space 7,500 Rent expense-Office space 7,500 Store supplies expense Advertising expense Totals 9,800 $ 169,200 $ 169,200 Additional Information: a. Store supplies still available at fiscal year-end amount to $1,750. b. Expired insurance, an administrative expense, is $1,400 for the fiscal year. c. Depreciation expense on store equipment, a selling expense, is $1,525 for the fiscal year. d. To estimate shrinkage, a physical count of ending merchandise inventory is taken. It shows $10,900 of inventory is still available at fiscal year-end. Q Search Prev 1 2 of 2 Next > hp 9 5-5A (Graded) i ! Required information TILL0378239A78252F0252Fms.mheducation.com%252Fmghmiddleware Saved [The following information applies to the questions displayed below] The following unadjusted trial balance is prepared at fiscal year-end for Nelson Company. Nelson Company uses a perpetual inventory system. It categorizes the following accounts as selling expenses: Depreciation Expense-Store Equipment, Sales Salaries Expense, Rent Expense-Selling Space, Store Supplies Expense, and Advertising Expense. It categorizes the remaining expenses as general and administrative. NELSON COMPANY Unadjusted Trial Balance January 31 Debit Credit Cash Merchandise inventory $ 1,000 12.500 Store supplies 5,800 Prepaid insurance 2,400 Store equipment 42,900 Accumulated depreciation-Store equipment $ 15,250 Accounts payable J. Nelson, Capital 10,000 32,000 J. Nelson, Withdrawals 2,200 Sales 111,950 Sales discounts 2,000 Sales returns and allowances 2,200 Cost of goods sold 38,400 Depreciation expense-Store equipment Sales salaries expense 17,500 office salaries expense 17,500 Insurance expense Rent expense-Selling space 7,500 Rent expense-Office space 7,500 Store supplies expense Advertising expense Totals 9,800 $ 169,200 $ 169,200 Additional Information: a. Store supplies still available at fiscal year-end amount to $1,750. b. Expired insurance, an administrative expense, is $1,400 for the fiscal year. c. Depreciation expense on store equipment, a selling expense, is $1,525 for the fiscal year. d. To estimate shrinkage, a physical count of ending merchandise inventory is taken. It shows $10,900 of inventory is still available at fiscal year-end. Q Search Prev 1 2 of 2 Next > hp 9