Accounting Worksheet (expressed in 000) Adjustments Debit Credit Income Statement Debit Credit Trial Balance Debit Credit 18,745 19,277 32,755 4,280 78,025 16,000 32.822 Adjusted Trial Balance Debit Credit 18,745 19,277 32,755 2,280 78,025 24,000 32,822 32,755 40,000 Balance Sheet Debit Credit 18,745 19,277 40,000 2.280 78,025 24,000 32.822 2,000 8,000 Instructions: Use the following information to finish completing the Merchadising Accounting Worksheet. Make sure there's a balance in the Totals row for the Income Statement and Balance Sheet columns a Common stock, $50,480 b. Retained earnings. $31,025 Dividends, $15,000 d. Sales revenue, $476,755 Sales returns and allowances $12,000 e Purchases, $325,000 f. Purchase returns and allowances, $10,400 C. 8,000 8,000 8,000 Albertsons Cash Accounts Receivable Inventory Prepaid Insurance Equipment Acct Depreciation - Equipment Accounts Payable Common Stock Retained Earnings Dividends Sales Revenue Sales Returns/Allowances Sales Discounts Purchases Purchase returns and allowances Purchase discounts Freight-in Freight-out Advertising Expense Salaries and Wage Expense Utilities Expense Totals: Insurance Expense Depreciation Expense Salaries and Wages Payable Totals: Net Income Totals: 6.800 6,800 6.800 12,200 7,000 16,000 59.000 17,000 272,282 12 200 7,000 16,000 64,000 17,000 12,200 7,000 16,000 64,000 17,000 5,000 55,622 2,000 8,000 2,000 8,000 2.000 8,000 5,000 15,000 5,000 68,622 15.000 285,282 46,800 158,327 166,955 30,000 196,955 5,000 61,822 30,000 91,822 46,800 158,327