E 5-18 Presented below are selected accounts for Carpenter Company as reported in the worksheet at the end of May 2010.

Accounts	Adjusted Trial Balance		Income Statement		Balance Sheet
	Dr.	Cr.	Dr.	Cr.	Dr.	Cr.
Cash	9,000	-
Merchandise Inventory	76,000	-
Sales	-	450,000
Sales Returns and Allowances	10,000	-
Sales Discounts	9,000	-
Cost of Goods Sold	300,000	-

Instructions

Complete the worksheet by extending amounts reported in the adjusted trial balance to the appropriate columns in the worksheet. Do not total individual columns.