Question: Presented below is the format of the worksheet using the perpetual inventory system. Indicate by selecting 'X' mark where the following items will appear on

Presented below is the format of the worksheet using the perpetual inventory system. Indicate by selecting 'X' mark where the following items will appear on the worksheet.

Trial Balance

Adjustments

Adjusted Trial Balance

Income Statement

Balance Sheet

Dr.

Cr.

Dr.

Cr.

Dr.

Cr.

Dr.

Cr.

Dr.

Cr.

(a)

Cash

select 'X' if it is necessary X

select 'X' if it is necessary X

select 'X' if it is necessary X

select 'X' if it is necessary X

select 'X' if it is necessary X

select 'X' if it is necessary X

select 'X' if it is necessary X

select 'X' if it is necessary X

select 'X' if it is necessary X

select 'X' if it is necessary X

(b)

Inventory

select 'X' if it is necessary X

select 'X' if it is necessary X

select 'X' if it is necessary X

select 'X' if it is necessary X

select 'X' if it is necessary X

select 'X' if it is necessary X

select 'X' if it is necessary X

select 'X' if it is necessary X

select 'X' if it is necessary X

select 'X' if it is necessary X

(c)

Sales revenue

select 'X' if it is necessary X

select 'X' if it is necessary X

select 'X' if it is necessary X

select 'X' if it is necessary X

select 'X' if it is necessary X

select 'X' if it is necessary X

select 'X' if it is necessary X

select 'X' if it is necessary X

select 'X' if it is necessary X

select 'X' if it is necessary X

(d)

Cost of goods sold

select 'X' if it is necessary X

select 'X' if it is necessary X

select 'X' if it is necessary X

select an option X

select 'X' if it is necessary X

select 'X' if it is necessary X

select 'X' if it is necessary X

select 'X' if it is necessary X

select 'X' if it is necessary X

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