Question: please solve as soon as solve quickly i get you thumbs up directly thank you Adjusted trial balance (perpetual) XO company Dec 31/2018 Accounts Debit

 please solve as soon as solve quickly i get you thumbs

please solve as soon as

solve quickly i get you thumbs up directly

thank you

Adjusted trial balance (perpetual) XO company Dec 31/2018 Accounts Debit credit Cash $1,500 Account receivable 2,750 Raw materials (Note end) 1,250 Work-in-process(Note end) 375 Finished goods in(Note end) 4,800 Factory supplies 6,625 Equipment 39,000 Machines 25,000 Building 15,000 Land 25,000 Capital 75,000 Retained earnings 20,000 Account Payable 5,000 Long term liabilities 21,750 Sales revenue 75,000 Sales allowances 7,500 Cost of goods sold 58,550 Maintenance 150 Insurance, depreciation, salaries, rent 7,500 Freight out, commission, advertising 1,750 Total: $196,750 prepare income summary and closing entries and After closing Adjusted trial balance

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