Question: The adjusted tral balance data given below is from the Morgan Company's worksheet for the year ended December 31 , 201. The expense accounts numbered







The adjusted tral balance data given below is from the Morgan Company's worksheet for the year ended December 31 , 201. The expense accounts numbered 611-615 represent selling expenses, and those numbered 621631 represent general and administrative expenses MORGAN COMPANY Income Statement Year Ended December 31, 20X1 Operating revenue Net sales Cost of goods sold Delivered cost of purchases Net delivered cost of purchases Total merchandise available for sale Operating expenses Selling expenses Operating expenses Selling expenses General and administrative expenses Total general and administrative expenses Total operating expenses Net income from operations Other income Other expense Total general and administrative expenses Total operating expenses Net income from operations Other income Other expense Net non-operating expenses The adjusted trial balance data given below is from the Morgan Company's worksheet for the year ended December 31,201. The expense accounts numbered 611615 represent selling expenses, and those numbered 621631 represent general and administrati expenses. MORGAN COMPANY Income Statement Year Ended December 31, 20X1 Operating revenue Net sales Cost of goods sold Delivered cost of purchases 0 0 Net delivered cost of purchases Total merchandise available for sale Operating expenses Selling expenses MORGAN COMPANY Income Statement Year Ended December 31, 20X1
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