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26 Project #5: Merchandise Sales with Discount Fido's Food Mart Adjusted Trial Balance December 31,20Xx Debits Credits Account Title 50,938 12,250 84,720 650 320 30,550
26 Project #5: Merchandise Sales with Discount Fido's Food Mart Adjusted Trial Balance December 31,20Xx Debits Credits Account Title 50,938 12,250 84,720 650 320 30,550 12,250 Cash Accounts receivable Inventory Supplies Prepaid insurance Equipment Vehicle Accumulated depreciation - Equipment and vehicle Accounts payable Unearned revenue (gift cards) Bonds payable (mature 12/31/XX Common stock (200 shares@ $210/share, par $210) Retained earnings Sales revenue Less: sales discount Cost of goods sold Operating expenses 0 62,128 275 12,000 42,000 132,725 0 34,840 Depreciation expense Insurance expense Rent expense Supplies expense Wages expense Totals 160 5,750 1,200 15,500 249,128 249,128
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