Vilrose, Capital Vilrose, Drawing P Sales P Sales Returns and Allowances P Merchandise Inventory, End P Purchases P Freight-In P Purchase Returns and Allowances P Purchase Discount P Salaries Expense Insurance Expense Utilities Expense Bad Debts Expense Depreciation Expense P Merchandise Inventory, Beginning P Rent Payable P Interest Expense P P P P P 300,000.00 55,000.00 300,000.00 4,000.00 7,000.00 250,000.00 5,000.00 9,000.00 5,000.00 17,000.00 15,000.00 3,000.00 3,000.00 2,000.00 20,000.00 10,000.00 7,000.00

Vilrose, Capital Vilrose, Drawing P Sales P Sales Returns and Allowances P Merchandise Inventory, End P Purchases P Freight-In P Purchase Returns and Allowances P Purchase Discount P Salaries Expense Insurance Expense Utilities Expense Bad Debts Expense Depreciation Expense P Merchandise Inventory, Beginning P Rent Payable P Interest Expense P P P P P 300,000.00 55,000.00 300,000.00 4,000.00 7,000.00 250,000.00 5,000.00 9,000.00 5,000.00 17,000.00 15,000.00 3,000.00 3,000.00 2,000.00 20,000.00 10,000.00 7,000.00

College Accounting, Chapters 1-27 (New in Accounting from Heintz and Parry)

22nd Edition

ISBN:9781305666160

Author:James A. Heintz, Robert W. Parry

Publisher:James A. Heintz, Robert W. Parry

Chapter15: Financial Statements And Year-end Accounting For A Merchandising Business

Section: Chapter Questions

Problem 4CE

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