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4 of 77 completel Score: 1.02 of 10 pts Data Table EF5-26 (similar to) Business Markdown Systems uses a perpetual inventory system. The adjusted trial

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4 of 77 completel Score: 1.02 of 10 pts Data Table EF5-26 (similar to) Business Markdown Systems uses a perpetual inventory system. The adjusted trial balance of Business Markdowns m Click the icon to view the adjusted trial balance) Read the requirements Business Markdown Systems Adjusted Trial Balance March 31, 2024 Balance Credit Debit Sart by closing revenues. Do not close expenses or contra-evenue accounts, we will do this in the next step Date Accounts and Explanation Debat Credit Var 31 Sales Revenue 237.000 Clos (5) Sales Discounts Forfeted 900 Income Summary 237,900 $ 4500 12,800 30.600 1,200 6.300 Account Title Cash Accounts Receivable Merchandise Inventory Estimated Returns Inventory Omice Supplies Equipment Accumulated Depreciation-Equipment Accounts Payable Refunds Payable Salaries Payable Notes Payable, long-term Morley, Capital 42.000 $ Det Credit To close revenues Close expenses and other temporary counts for the period. Date Accounts and Explanation 31 Income Summary Clos. 2) Income Summary Cost of Goods Gold Active Experte 13,500 6.000 121,250 100.650 14.000 2.000 600 8.300 22,150 Todose expenses Print Done Choose from any list of enter any number in the rout fields and then click Check Answer Check pas Clor 4

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