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Exercise 5-15 Presented below are selected accounts for Metlock, Inc. as reported in the worksheet using a perpetual inventory system at the end of May
Exercise 5-15 Presented below are selected accounts for Metlock, Inc. as reported in the worksheet using a perpetual inventory system at the end of May 2019 Complete the worksheet by extending amounts reported in the adjusted trial balance to the appropriate columns in the worksheet. Adjusted Trial Balance Accounts Income Statement Balance Sheet Debit Credit Debit Credit Debit Credit Cash Inventory Sales Revenue Sales Returns and Allowances Sales Discounts Cost of Goods Sold 15,500 84,000 570,600 16,900 11,500 305,800
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