* Adjusted Trial Balance erpetual inventory system. ed trial balance.) X ronics' multi-step income si Requirement 2 Thomas Electronics Company Adjusted Trial Balance March 31, 2018 is sign or parer Account Title Thomas Electronic Income State Year Ended Mard Balance Credit Debit $ 6.000 38,000 500 45,900 3.300 Cash Accounts Receivable Interest Receivable Merchandise Inventory Estimated Returns Inventory Office Supplies Equipment Accumulated Depreciation-Equipment Accounts Payable Refunds Payable Salaries Payable 6,400 130,500 $ 37,805 16,300 5,500 2.700 mber in the input fields ar Print Done BION 2 etv A system UUUUU i Uullo Equipment T30,500 ncome si 37,805 16,300 is sign or 5,500 lectronic 2,700 Accumulated Depreciation Equipment Accounts Payable Refunds Payable Salaries Payable Interest Payable Uneamed Revenue Notes Payable, long-term Common Stock Retained Earnings ome Stat 1,800 Wed Mard 13,800 44,000 30,000 17,650 Dividends 24,000 Sales Revenue 290,500 Interest Revenue 500 Cost of Goods Sold 147.250 24,700 Salaries Expense-Selling Rent Expense-Selling 15,600 ut fields an Print Done Ular merest Payable TOUU Unearned Revenue come si 13,800 44,000 is sig Notes Payable, long-term Common Stock Retained Earnings 30,000 lectronic 17,650 me State Dividends Sales Revenue 24,000 Bed Mard 290,500 Interest Revenue 500 Cost of Goods Sold 147,250 24,700 15,600 Salaries Expense_Selling Rent Expense-Selling Salaries Expense-Administrative Utilities Expense-Administrative Depreciation Expense-Equipment (Administrative) Interest Expense 4,600 10,700 1,305 1.800 Total 460,555 $ 460,555 t fields an Print Done * Requirements - X statement e a mi ronics Comp Statement March 31, 20 1. Journalize the adjusting entries using the following data: a. Interest revenue accrued, $500. b. Salaries (Selling) accrued, $2,700. C. Depreciation Expense-Equipment (Administrative), $1,305. d. Interest expense accrued, $1,800. e. A physical count of inventory was completed. The ending Merchandise Inventory should have a balance of $45,900. f. Thomas estimates that approximately $5,500 of merchandise sold will be returned with a cost of $3,300. 2. Prepare Thomas Electronics's adjusted trial balance as of March 31, 2018. 3. Prepare Thomas Electronics's multi-step income statement for year ended March 31, 2018 Print Done elds and then click Check Answer. Requirements. Prepare Thomas Electronics must step income statement for year anded March 31, 2018. (Enter Seling Expenses before Administrative Expenses Use a minus on or parentheses to show other expenses) Review the adjusted to botance from Requirement 2. Thomas Electronics Company Income Statement Year Ended March 31, 2018 Choose from any list ortowy number in the input fields and then click Check Answer All parts showing Clear Al Check Answer Thomas Electronics Company uses a perpetual inventory system. The unadjusted trial balance for Thomas Electronics Company at March 31, 2018. Follow (Click the icon to view the unadjusted trial balance.) Read the requirement Net Income (L03) Choose from any list or enter any number in the input fields and then click Check Answer All parts showing Clear All