1ooooo P.Jay, Withdrawals Sales Sales Returns and Allowances Sales Discounts Cost of Goods Sold Advertising Expense Rent Expense Salaries Expense 20000 260 000 49 48 000 1140 000 1000000 13 6 0 00 115 8 4 000 115 8 40 00 b. Lumber supplie c. Insurance expir d. Depreciation for e. Accrued wages Set B 128-1. From Training Fees Earned Dep'n. Exp., Equipment Insurance Expense (C) 40 000 (D) 50 000 22l2loloo 2220 Account Tit (150 min) L01,2,3 12A-4. Using the ledger balances and additional data shown on the next page, do the following for Meyer Lumber for the year ended December 31, 2019: a. Prepare the worksheet. b. Prepare the income statement, statement of owner's equity and balance sheet. c. Journalize and post adjusting and closing entries. (Be sure to put begin ning balances in the ledger first.) d. Prepare a post-closing trial balance. e. Journalize the reversing entry for wages. Check Figure: Net Income $3.841 Sales Sales Return Sales Discou Cost of Goo Salaries Exp Insurance E Advertising Rental Incon Rent Expen Depreciation Salaries Pay Account Balances for Meyer Lumber Account No. $1,680 960 Net Income 110 111 112 113 114 121 Cash Accounts Receivable Merchandise Inventory Lumber Supplies Prepaid Insurance Lumber Equipment Accumulated Depreciation, Lumber Equipment Accounts Payable 4,550 269 218 3,000 490 1,160 122 220 8 12 the Perpetual Inventory Method CHAPTER 12 C Completion of the Accounting Oyde for a Merchandise Companying the e n try 419 331 7.352 3.000 31, 2019 Adjustments Dr. Cr. Wages Payable L. Meyer, Capital L. Meyer, Withdrawals Income Summary Sales Sales Returns and Allowances Cost of Goods Sold Wages Expense Advertising Expense Rent Expense Depreciation Expense, Lumber Equipment Lumber Supplies Expense Insurance Expense 22.800 200 14.215 2.480 (A) 1 000 00 400 solo oo (D) 40 000 (C) 664 665 (B) 32000 TTT 4,420 Additional Data (for Problem 12A-4) 2. Physical count of inventory, December 31 b. Lumber supplies on hand, December 31 c. Insurance expired d. Depreciation for the year e. Accrued wages on December 31 120 1 ooooo Set B L01 (40 min) 128-1. From the partial worksheet shown below, prepare a formal income statement From the part 32 000 (C) 40 000 (D) 50 000 222000 222 000 EMERSON'S TRACTOR SUPPLIES PARTIAL WORKSHEET FOR THE YEAR ENDED DECEMBER 31, 2018 Pure 12.17 Portal Washeet S50/QB Income Statement Dr. Net Income from operations Sao Account Titles a shown on the next page, do the Home Insert Draw Page Layout Formulas Data Review View Share .com Merge - % W L EDGER LEDER LEDEROS LEGER EDGER NOSTMI SIMT OF E AST POST GLOSNOTS + Home Insert Draw Page Layout Data View Review = 10 Formulas AA -A Arial BI Wrap Text Merye & Center LUD Peste -D. Conditional Format Cal . Delete Share 29. O. Sort finde . Format Come 4 de O E $ - % $ # t FOR THE YEAR ENDED DECEMBER 31, 2010 PIERRERIRE JOURNAL Worksheet LEDGER LEDGER (2) LEDGER LEDGER LEDGERIS ING STMT STMT OF OLBAL SHEET JES P OST CLOSING TB + Home Insert Draw Page Layout Formulas Dua Review View Share .com Merge Center - S - % 9 PROBLEM 1984 CONTROL DUAL W E DER LEDER LEDER LEDGEREEDOERNOSTMIST OF DEALSET POST CLOSING TB Home Insert Draw Page Layout Formulas Dute Review View Share .com Merge Center - S - % 9 PROBLEM 1984 CONTROL JOURNAL W E DER DER LEDER LEDER LEDGER INC STMT STUT OF DE A LSET POST CLOSING TB + Home Insert Draw Page Layout Formulas Dute Review View Share .com Merge Center - S - % 9 SH W E DER LEDER LEDER LEDERILEGERNST STUT OH O HALETS POST CLOSING TB + Home Insert Draw Page Layout Formulas Dua Review View Share .com Merge Center - S - % 9 PROBLEM 1984 CONTROL JOURNAL LEDGER LEDER LEDER LEDER LEDGERS INSTIT STMT OF DE BAL SHEET POST CLOSING TB + Home Insert Draw Page Layout Formulas Dute Review View Share .com Merge Center - S - % 9 PROBLEM 1984 CONTROL JOURNAL W L EDGER LEDER LEDGER LEDGER LEDGER INC STMT STUT OF DE A LSET POST CLOSING TB + Home Insert Draw Page Layout Formulas Data Review View Share .com BI O A Merye & Center - S X x CALLAHAN LUMBER JOURNAL W E DER DER LEDER LEDGER LEDGER INGSTMETTO E AL POST CLOSING TB + Home insert Draw Page Layout Formulas Data Review View Share .com BTV A - r genter - S CALLAHAN LUMBER LEDER LEDER LEDER LEDGERI LEDGERI NC STE SITO E L E POST CLOSING TS + Data View Share Home insert Draw Page Layout ni - BIU - O Review - .com Formulas A A Merge & Center - $ - % BALANCE SHEET URL word LEDER LEDER LEGER EGER LEDGER NO SIME SIMT OF OE ALT POST GLOSB + Home Insert Draw Page Layout Formulas Data Review View Share .com Merge - % 9 GENERAL TOURNAL LEDER LEDER LEDER LEDGER E GER NG STME SIMT OF OE ALS POST CLOSNOTB + Home Insert Draw Data View Formulas A Page Layout - A Review - Share .com BIV E Merye & Center $ 12/31/2019 JOURNAL W E DER LEDER LEDER LEDGER LEDER NG STMI SIMT OF OE BALST S POST CLOSING TB