Question: A partially completed work sheet for T-Shirt Trends is shown in your working papers. Adjustments need to be made to the following items at year-end.

A partially completed work sheet for T-Shirt Trends is shown in your working papers. Adjustments need to be made to the following items at year-end.

Data for Adjustments Merchandise Inventory, December 31 Supplies on hand, December 31

Instructions

On the form provided in your working papers, complete the December 31 work sheet including adjustments for T-Shirt Trends.

Data for Adjustments Merchandise Inventory, December 31 Supplies on hand, December 31 Insurance premium expired during the period Additional federal corporate income tax owed $47,394 678 1,260 168

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