Question: QUE.Exercise K Given the balances in this partial trial balance, indicate how the balances would be treated in the work sheet. The ending inventory is

QUE.Exercise K Given the balances in this partial trial balance, indicate how the balances would be treated in the work sheet. The ending inventory is $ 96. DebitCredit Merchandise Inventory120 Sales S40 Sales Discounts18 Sales Returns and Allow. 45 Purchases600 Purchase Discounts 12 Purchase Returns and Allow. 24 Transportation-In 36

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