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25A-3. From the trial balance in Figure 25.19 Dand the provided year-end information, prepare a worksheet for Forest Corporation (assume no adjustments). Figure 25.19 Trial
25A-3. From the trial balance in Figure 25.19 Dand the provided year-end information, prepare a worksheet for Forest Corporation (assume no adjustments). Figure 25.19 Trial Balance of Forest Corporation TRIAL BALANCE Dr. or Cash Raw Materials inventory Work in Process Inventory Finished Goods Inventory Factory Supplies Prepaid Factory Insurance Desks Machinery Accumulated Depreciation Machinery Accounts Payable Common Stock $10 Par Retained Earnings Sales Raw Material Purchases Direct Labor 6 15000 87 00 00 75 20.00 10 5 5 000 324 000 38 000 19 7000 57 24 000 80 50 00 3 1 5 000 60 000 00 8 1 20log 115 18 000 36 90 000 23 3 8 000 9 70 000 16 810 00 Machinery Repairs Selling Expenses Administrative Expense Factory Supplies Expense Depreciation Expense, Machinery Totals 14 6 5 000 10 0 8 000 1 2 2 000 3 1 4 000 1945 oooo 1945 00 00 Year-End Figures Raw Materials Inventory Work-in-Process Inventory Finished Goods Inventory $11,550 8,260 10,100
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