Discount Business Systems Adjusted Trial Balance March 31, 2018 Balance Account Title Debit Credit Cash $ 4,300 Accounts Receivable 13,100 31,000 6.200 Merchandise Inventory Office Supplies Equipment Accumulated Depreciation-Equipment Accounts Payable 42.800 $ 13,500 9,500 Accounts Payable Salaries Payable Notes Payable, long-term 9,500 1,000 8,300 10,000 Common Stock Retained Earnings 7,150 Dividends 40,000 Sales Revenue 241,000 Cost of Goods Sold 108,450 27.000 Selling Expense Administrative Expense 14,700 2.900 Interest Expense $ 290,450 $ 290,450 Total 1 Requirements - 1. Journalize the required closing entries at March 31, 2018 2. The following T-accounts have been set up: Income Summary: Retained Earnings, and Dividends. Post the closing entries to the T-accounts, and calculate their ending balances. 3. How much was Discount's net income or net loss? Decor Best Systems esa perpetua mentory system The used to blanco Decount the Systems Mach 31, 2018 Ok the conto vow the user balance) Requirement 1. Jamie te pared de March 31, 2018 Records at the crodita Select the explanation on the lettres et the journal entry table) Sort by cosing Do not dose expres concours, we will do this the most Accounts and Explanation Credit Discount Business Systems intes a perpetuat inventory system. The adjusted trial balance of Dincourt Business Systems at March 31, 2018 Follow Click the icon to view the adjusted trial balance) Read the Con expers and other topowy accounts for the period Accounts and Explanation Debit Credit Decount Business Systems uses a perpetua inventory system. The adjusted trial balance of Discount Business Systems at March 31, 2018, follow (Click the icon to view the ansted trial balance) Read the Cose Income Summary Accounts and Explanation Debit Credit Mar 31 Cose Dividende Accounts and Explanation Debut Credit Choose from any listorante any number in the input fields and then continue to the next question Het Teaccuse come Summary Huned and vided out the changes to the accident Odrecord gube shown in the pre-Cos (17. Ces out the coach habe erred to you for acc WIN on the motherme Style for way to come out the two con Saya in hac proin closing the then sowice (Balones cortof the Mutwined Earnings 7.10 A Income Summary Requirement How much was Discount's net income or net loss? Discount had a Choose from any list of enter any number in the input fields and then continue to the next question Discount Business Systems Adjusted Trial Balance March 31, 2018 Balance Account Title Debit Credit Cash $ 4,300 Accounts Receivable 13,100 31,000 6.200 Merchandise Inventory Office Supplies Equipment Accumulated Depreciation-Equipment Accounts Payable 42.800 $ 13,500 9,500 Accounts Payable Salaries Payable Notes Payable, long-term 9,500 1,000 8,300 10,000 Common Stock Retained Earnings 7,150 Dividends 40,000 Sales Revenue 241,000 Cost of Goods Sold 108,450 27.000 Selling Expense Administrative Expense 14,700 2.900 Interest Expense $ 290,450 $ 290,450 Total 1 Requirements - 1. Journalize the required closing entries at March 31, 2018 2. The following T-accounts have been set up: Income Summary: Retained Earnings, and Dividends. Post the closing entries to the T-accounts, and calculate their ending balances. 3. How much was Discount's net income or net loss? Decor Best Systems esa perpetua mentory system The used to blanco Decount the Systems Mach 31, 2018 Ok the conto vow the user balance) Requirement 1. Jamie te pared de March 31, 2018 Records at the crodita Select the explanation on the lettres et the journal entry table) Sort by cosing Do not dose expres concours, we will do this the most Accounts and Explanation Credit Discount Business Systems intes a perpetuat inventory system. The adjusted trial balance of Dincourt Business Systems at March 31, 2018 Follow Click the icon to view the adjusted trial balance) Read the Con expers and other topowy accounts for the period Accounts and Explanation Debit Credit Decount Business Systems uses a perpetua inventory system. The adjusted trial balance of Discount Business Systems at March 31, 2018, follow (Click the icon to view the ansted trial balance) Read the Cose Income Summary Accounts and Explanation Debit Credit Mar 31 Cose Dividende Accounts and Explanation Debut Credit Choose from any listorante any number in the input fields and then continue to the next question Het Teaccuse come Summary Huned and vided out the changes to the accident Odrecord gube shown in the pre-Cos (17. Ces out the coach habe erred to you for acc WIN on the motherme Style for way to come out the two con Saya in hac proin closing the then sowice (Balones cortof the Mutwined Earnings 7.10 A Income Summary Requirement How much was Discount's net income or net loss? Discount had a Choose from any list of enter any number in the input fields and then continue to the next
