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Can anyone tell me how to get the Sales amount that will be used in the income statement? I have uploaded the unadjusted and adjusted
Can anyone tell me how to get the Sales amount that will be used in the income statement? I have uploaded the unadjusted and adjusted trial balance
Adjustments Adjusted Trial Balance Debit Cash Description Inventory, January 1 Cash Accounts Receivable Inventory Office Suppliesonon Hand Office Supplies hand Prepaid Insurance Delivery Equipment Prepaid Insurance Accumulated Depreciation Accounts Payable Salaries Payable Equipment Capital Stock Retained Earnings Sales Accumulated Depreciation Purchases Rent Expense Salaries Expense Accounts Payable Advertising Expense Delivery Expense Debit Credit 7,000 Debit Balance Sheet 28,000 51,000 75,000 2,9001,800 1,600 48,000 (22,500) $184,000 34,000 500 100,000 49,500 38,000 600 1,600 40,000 4,000 12,000 10,000 $184,000 45,000 45,000 6,000 Sales 6,000 140,000 140,000 Purchases 75,000 75,000 Transportation in 1,500 1,500 Rent Expense 3,500 3,500 Salaries Expense 28,000 203,000 Depreciation Expense Salaries Payable Credit 7,000 Unadjusted Trial Balance Debit Credit 38,000 28,000 51,000 77,000 2,400 4,100 2,400 48,000 1,600 14,500 34,000 100,000 30,000 40,000 240,000 155,000 7,500 8,000 33,000 5,100 7,400 10,000 28,000 $418,500 $418,500 R. Maria Capital R. Maria Drawings Credit 500 28,500 4,000 4,000 203,000 500 500Step by Step Solution
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