View Policies Current Attempt in Progress Presented below is information for Zhan Company for the month of January 2017. Cost of goods sold $280,000 Rent expense $35,000 Freight-out 7,000 Sales discounts 8,000 Insurance expense 12,000 Sales returns and allowances 13,000 Salaries and wages expense 42,000 Sales revenue 421,000 (a) (a) Prepare a tabular summary that includes the following accounts: Cash, Accounts Receivable, Inventory, Accounts Payable, Common Stock, Sales Revenue, Sales Returns and Allowances, and Cost of Goods Sold. Enter the beginning balances in the summary Liabilities Stockholders' Equity Retained Earnings Rev. Accts. Pay Common Stock Exp. $ Save for later Attempts: 0 of 1 used Submit Answer (b) The parts of this question must be completed in order. This part will be available when you complete the part above