Question
Doing an intro to accounting homework assignment, and am unable to find why the program is marking it as incomplete The worksheet of Bridget's Office
Doing an intro to accounting homework assignment, and am unable to find why the program is marking it as "incomplete"
The worksheet of Bridget's Office Supplies contains the following revenue, cost, and expense accounts. The merchandise inventory amounted to $59,775 on January 1, 2019, and $52,725 on December 31, 2019. The expense accounts numbered 611 through 617 represent selling expenses, and those numbered 631 through 646 represent general and administrative expenses.
| Accounts |
|
|
|
|
401 | Sales | $ | 248,900 | Cr. |
|
451 | Sales Returns and Allowances |
| 4,350 | Dr. |
|
491 | Miscellaneous Income |
| 400 | Cr. |
|
501 | Purchases |
| 103,600 | Dr. |
|
502 | Freight In |
| 1,975 | Dr. |
|
503 | Purchases Returns and Allowances |
| 3,600 | Cr. |
|
504 | Purchases Discounts |
| 1,800 | Cr. |
|
611 | Salaries ExpenseSales |
| 45,300 | Dr. |
|
614 | Store Supplies Expense |
| 2,310 | Dr. |
|
617 | Depreciation ExpenseStore Equipment |
| 1,510 | Dr. |
|
631 | Rent Expense |
| 13,500 | Dr. |
|
634 | Utilities Expense |
| 3,000 | Dr. |
|
637 | Salaries ExpenseOffice |
| 21,100 | Dr. |
|
640 | Payroll Taxes Expense |
| 6,000 | Dr. |
|
643 | Depreciation ExpenseOffice Equipment |
| 570 | Dr. |
|
646 | Uncollectible Accounts Expense |
| 720 | Dr. |
|
691 | Interest Expense |
| 740 | Dr. |
|
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