Insert Page Layout Formulas Data Review View Times New R.- .1112 A.Ar General w . $. % , .o Conditional Format Cal Formatting as Table Styles Mi K LM ACCT Prindples1 FINANCIAL Merchandisleg Accousts The following unadjusted trial balance is prepared at fiscal year-end for Hobby Merchandising Company, as at 930201 930/2018 INCOME STATEMENT Mtb-Step Amount Adjusted Balances Cloing Entriescome Summary Gross proft% 12,930 Accumulaned Depr.-Delivery vehicles S 31,000 8Accumulated Depr-Ofice equp 28,500 9 Salaries payable 10Dividnds paid I1 Retained earnings(Cr) 21,000 36,800 5 213,300 7,100 5 6,350 48,000 s 101, 300 17 Depreciation expense-Stores equi S 23000 13Sales dicount Sales retur ilewances 15 Income from investment 6 Cost of sales 19 Freighe-out 20 Flod releConation (to lcal Non-prof S 30,000 5 5,T780 5 2,600 59.00 5 3500 Salaries c 2Insvarance expense 24Supplies exp 25Advartising exp 26Light and heating 5 2800 af days sales af lnvestory NOTES: Cost will be allocated according to their selatioship, either selling or adminisiration Anay coomon cost should be allocased 60 40 between selling and administrasion 2Required 1. Emer the given accounts as they will appear in the adjusied tnal balance, and complete theprven columns fonl) of the spread sheet 2. Prepare he mult4MP iacem. statement en y, fr te company, based othe above daa hat you dnemine relevnte te prpoeNot all the goats aro relevant ratios mentioned on the Sheets Sheet2 Sheet3Sheet4 Sheets+ Ready Insert Page Layout Formulas Data Review View Times New R.- .1112 A.Ar General w . $. % , .o Conditional Format Cal Formatting as Table Styles Mi K LM ACCT Prindples1 FINANCIAL Merchandisleg Accousts The following unadjusted trial balance is prepared at fiscal year-end for Hobby Merchandising Company, as at 930201 930/2018 INCOME STATEMENT Mtb-Step Amount Adjusted Balances Cloing Entriescome Summary Gross proft% 12,930 Accumulaned Depr.-Delivery vehicles S 31,000 8Accumulated Depr-Ofice equp 28,500 9 Salaries payable 10Dividnds paid I1 Retained earnings(Cr) 21,000 36,800 5 213,300 7,100 5 6,350 48,000 s 101, 300 17 Depreciation expense-Stores equi S 23000 13Sales dicount Sales retur ilewances 15 Income from investment 6 Cost of sales 19 Freighe-out 20 Flod releConation (to lcal Non-prof S 30,000 5 5,T780 5 2,600 59.00 5 3500 Salaries c 2Insvarance expense 24Supplies exp 25Advartising exp 26Light and heating 5 2800 af days sales af lnvestory NOTES: Cost will be allocated according to their selatioship, either selling or adminisiration Anay coomon cost should be allocased 60 40 between selling and administrasion 2Required 1. Emer the given accounts as they will appear in the adjusied tnal balance, and complete theprven columns fonl) of the spread sheet 2. Prepare he mult4MP iacem. statement en y, fr te company, based othe above daa hat you dnemine relevnte te prpoeNot all the goats aro relevant ratios mentioned on the Sheets Sheet2 Sheet3Sheet4 Sheets+ Ready