Question: someome answered this question wrong please help immediately Question 4 Your answer is partially correct. Try again. Presented below are selected accounts for Kingbird Company
Question 4 Your answer is partially correct. Try again. Presented below are selected accounts for Kingbird Company as reported in the worksheet at the end of May 2017. Ending Inventory is $78,000. Complete the worksheet by extending amounts reported in the adjusted trial balance to the appropriate columns in the worksheet. The company uses the system. Accounts Adjusted Trial Balance Debit Credit Income Statement Debit Credit Balance Sheet Debit Credit Cash 9,000 9,000 Inventory 83,000 5,000 78,000 Purchases 246,000 245,000 Purchase Returns and Allowances 28,000 28,000 Sales Revenue 448,000 448,000 Sales Returns and Allowances 11,000 Ddddd Sales Discounts 4,000 4,000 Rent Expense 43,000 43,000 Click If you would like to show Work for this question: Open Show Work MacBook
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
