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Finish the Income Statement and Balance Sheet using the data provided, and calculate the final total

Finish the Income Statement and Balance Sheet using the data provided, and calculate the final total

Survey of Accounting (Accounting I)
Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter6: Receivables And Inventories
Section: Chapter Questions
Problem 6.3MBA
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Finish the Income Statement and Balance Sheet using the data provided, and calculate the final total 

33 Sales 535,391.00 34 Sales Discount Sales Returns and Allowances Purchases Purchases Discount Purchases Returns and Allowances Advertising Expenses Cash Short and Over Credit Card Fee Expense Deoreciation Expense--Office Equipment Deoreciation Expense--Store Equipment 1,000.00 35 4,500.00 26 291,657.00 27 4,100.00 29 3.700.00 39 12,500.00 40 16.00 41 11,296.00 42 4.600.00 43 5.200.00 44 Insurance Expense Miscellaneous Exoense 6.250.00 45 15.487.00 Payroll Taxes Expense Rent Expense Salary Expense Supplies Expense--Office Supplies Expense--Store Uncollectible Accounts Expense Utilities Expense Totals 46 17.000.00 47 20.000.00 49 144.358.00 49 4.409.00 50 3,869.00 51 1,707.00 52 9,548.00 53 54 55 56
Transcribed Image Text:33 Sales 535,391.00 34 Sales Discount Sales Returns and Allowances Purchases Purchases Discount Purchases Returns and Allowances Advertising Expenses Cash Short and Over Credit Card Fee Expense Deoreciation Expense--Office Equipment Deoreciation Expense--Store Equipment 1,000.00 35 4,500.00 26 291,657.00 27 4,100.00 29 3.700.00 39 12,500.00 40 16.00 41 11,296.00 42 4.600.00 43 5.200.00 44 Insurance Expense Miscellaneous Exoense 6.250.00 45 15.487.00 Payroll Taxes Expense Rent Expense Salary Expense Supplies Expense--Office Supplies Expense--Store Uncollectible Accounts Expense Utilities Expense Totals 46 17.000.00 47 20.000.00 49 144.358.00 49 4.409.00 50 3,869.00 51 1,707.00 52 9,548.00 53 54 55 56
Worksheet For Period Ended June 30, 20XX 5. 6 TRIAL BALANCE ADJUSTMENTS INCOME STATEMENT BALANCE SHEET ACCOUNT TITLE DEBIT CREDIT DEBIT CREDIT DEBIT CREDIT DEBIT CREDIT Cash 211,362.00 Petty Cash 1,300.00 10 Accounts Receivable 28,456.00 11 Allowance for Uncollectible Accounts 732.00 1.707.00 12 Merchandise Inventory 318,528.00 11.300.00 13 Supplies--Office Supplies--Store 6,012.00 4,409.00 14 8,751.00 3,809.00 15 Prepaid Insurance Office Equipment 12,500.00 6.250.00 16 77,564.00 17 Accumulated Depreciation--Office Equipment Store Equipment Accumulated Depreciation--Store Equipment Accounts Payable 4,500.00 4.600.00 18 183,254.00 19 6,500.00 5.200.00 20 11,963.00 21 Employee Income Tax Payable Social Security Tax Payable Medicare Tax Payable Sales Tax Payable Unemployment Tax Payable--Federal Unemployment Tax Payable--State Health Insurance Premiums Payable Dividends Payable 3,200.00 22 800.00 23 220.00 24 3,890.00 25 32.00 26 210.00 27 1,100.00 29 29 Capital Stock 729,386.00 30 Retained Earnings Dividends Income Summary 70,952.00 31 21,587.00 32 11.300.00
Transcribed Image Text:Worksheet For Period Ended June 30, 20XX 5. 6 TRIAL BALANCE ADJUSTMENTS INCOME STATEMENT BALANCE SHEET ACCOUNT TITLE DEBIT CREDIT DEBIT CREDIT DEBIT CREDIT DEBIT CREDIT Cash 211,362.00 Petty Cash 1,300.00 10 Accounts Receivable 28,456.00 11 Allowance for Uncollectible Accounts 732.00 1.707.00 12 Merchandise Inventory 318,528.00 11.300.00 13 Supplies--Office Supplies--Store 6,012.00 4,409.00 14 8,751.00 3,809.00 15 Prepaid Insurance Office Equipment 12,500.00 6.250.00 16 77,564.00 17 Accumulated Depreciation--Office Equipment Store Equipment Accumulated Depreciation--Store Equipment Accounts Payable 4,500.00 4.600.00 18 183,254.00 19 6,500.00 5.200.00 20 11,963.00 21 Employee Income Tax Payable Social Security Tax Payable Medicare Tax Payable Sales Tax Payable Unemployment Tax Payable--Federal Unemployment Tax Payable--State Health Insurance Premiums Payable Dividends Payable 3,200.00 22 800.00 23 220.00 24 3,890.00 25 32.00 26 210.00 27 1,100.00 29 29 Capital Stock 729,386.00 30 Retained Earnings Dividends Income Summary 70,952.00 31 21,587.00 32 11.300.00
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