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11:03 1 Take Quiz Exit D Question 1 1 pts The following is a trial balance for Proctor Company as of December 31, 2017. What
11:03 1 Take Quiz Exit D Question 1 1 pts The following is a trial balance for Proctor Company as of December 31, 2017. What is Proctor's Gross profit for 2017? Assume all accounts have normal balances. Cash 1,250 Merchandise Inventory Accounts payable Retained earnings 10,000 3,150 8.769 Sales revenue 14,354 Interest income 219 Cost of merchandise sold 5,642 Supplies expense 1,240 Salary expense 1,355 Interest expense 52 2 $14,354 $6,953 $8,712 O $6,284
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