please help ^^ Nix'It Company's ledger on July 31, its fiscal year-end, includes...
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Nix'It Company's ledger on July 31, its fiscal year-end, includes the following selected accounts that have normal balances (Nix'lt uses the perpetual inventory system $ 45,800 Sales returns and allowances Merchandise inventory T. Nix, Capital T. Nix, Withdrawals Sales Sales discounts $ 4,900e 109,800 11,900 40,500 5,000 131,300 Cost of goods sold 7,000 Depreciation expense 162,600 Salaries expense 4,500 Miscellaneous expenses A physical count of its July 31 year-end inventory discloses that the cost of the merchandise inventory still available is $43,850
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