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Enter the appropriate amounts/formulas in the shaded (gray) cells, or select from the drop-down lists. An asterisk (*) will appear in the column to the

Enter the appropriate amounts/formulas in the shaded (gray) cells, or select from the drop-down lists. An asterisk (*) will appear in the column to the right of an incorrect answer.

Hadden Company
Work Sheet
For the Year Ended December 31, 20--
Trial Balance Adjustments Income Statement Balance Sheet
Account Name Debit Credit Debit Credit Debit Credit Debit Credit
Cash 9,246.52
Merchandise Inventory 63,674.80
Store Supplies 1,466.34
Prepaid Insurance 1,420.00
Store Equipment 36,230.00
Accum. Depr., Store Equipment 22,726.00
Accounts Payable 13,196.96
Sales Tax Payable 1,236.98
R. M. Hadden, Capital 56,339.32
R. M. Hadden, Drawing 28,000.00
Sales 175,864.31
Sales Returns and Allowances 1,573.72
Purchases 77,300.04
Purchases Returns and Allow. 1,744.32
Purchases Discounts 1,413.62
Freight In 2,427.00
Salaries Expense 35,458.85
Rent Expense 14,600.00
Miscellaneous Expense 1,124.24
272,521.51 272,521.51
- - - - - -
Net Income
- - - -

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