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Additional Exercise 221 The adjusted trial balance of Dailey Music Company appears below. Dailey Music Company prepares Complete the worksheet below. CE monthly financial statements

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Additional Exercise 221 The adjusted trial balance of Dailey Music Company appears below. Dailey Music Company prepares Complete the worksheet below. CE monthly financial statements and uses the perpetual inventory method. DAILEY MUSIC COMPANY Work Sheet Adjusted Trial Balance Income Statement Debit Credit Debit Credit Balance Debit Account Titles 11,000 19.000 3,500 Accounts Payable Common Stock Retained Earnings 15.000 20,000 50,000 42,000 39,000 Sales Revenue Sales Discounts Cost of Goods Sold Advertising Expense Supplies Expense 25,000 7,000 6,000 1.000 2.500 n Expense Rent Expense Utilties Expense 166,000 166.000 Net Loss Click if you would like to Show Work for this question: Oeen Show Werk

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