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Dheftos Company's adjusted trial balance on March 31, 2019, its fiscal year-end, follows. Debit Credit Merchandise inventory.... Total liabilities.... Common stock Retained earnings.. Dividends
Dheftos Company's adjusted trial balance on March 31, 2019, its fiscal year-end, follows. Debit Credit Merchandise inventory.... Total liabilities.... Common stock Retained earnings.. Dividends $ 56,500 Other (noninventory) assets 202,600 $ 42,500 10,000 154,425 3,000 Sales.. 332,650 Sales discounts 5,875 Sales returns and allowances 20,000 Cost of goods sold.. 115,600 Sales salaries expense. 44,500 Rent expense-Selling space 16,000 Store supplies expense 3,850 Advertising expense 26,000 Office salaries expense 40,750 Rent expense-Office space 3,800 Office supplies expense 1,100 Totals.... $539.575 $539,575
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