Income Stmt. Adj. Trial Balance Dr. Cr. Balance Sheet Dr. Cr. Dr. Cr. Dr. Cr....
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Income Stmt. Adj. Trial Balance Dr. Cr. Balance Sheet Dr. Cr. Dr. Cr. Dr. Cr. 7 N a. 17 b. 6 3 18 C. 2 Michaud Co. Worksheet For Year Ended December 31, 201X Trial Balance Adjustments Account Cr. Dr. Cash 7 Accounts Receivable 2 Merchandise Inventory 14 Store Supplies 9 Store Equipment 18 Acc. Depr., Store Equipment 7 Accounts Payable 5 J. Michaud, Capital 34 Sales 63 Sales Returns and Allowances 11 Cost of Goods Sold 25 Salaries Expense 1 Advertising Expense 12 Store Supplies Expense 6 Depr. Exp., Store Equip 2 Accrued Salaries Payable . 109 109 12 Totals 12 Net Income/Loss 5 34 63 63 11 a. 22 22 1 3 22 11 d. 12 12 b. 6 6 C. 2 2 d. 112 11 112 65 63 2 65 65 Totals
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