Exercise 219 : The adjusted trial balance of Bon Jovi Music Co appears below. Bon Jovi Music Company prepares monthly financial statement and used the prepetual inventory method.

Exercise 219 The adjusted trial balance of Bon Jovi Music Company appears below. Bon Jovi Music Company prepares monthly financial statements and uses the perpetual inventory method. Complete the worksheet below. BON JOVI MUSIC COMPANY Work Sheet Income Statement Balance Sheet Adjusted Trial Balance Debit Credit Account Titles Debit Credit Debit Credit Cash 12,000 Inventory 19,000 Supplies 3,500 Equipment 90,000 Accumulated Depreciation Equipment 16,500 Accounts Payable 24,000 Owner's Capital 92,000 Owner's Drawings 6,000 Sales Revenue 44,000 Sales Revenue 44,000 Sales Discounts 2,500 Cost of Goods Sold 23,000 Advertising Expense 7,000 Supplies Expense 6,000 Depreciation Expense 1,000 Rent Expense 2,500 Utilities Expense 4,000 176,500 176,500 Net Loss