Help Save&Exit Submit Check my work 8 Problem 5-3A Computing merchandising amounts and formatting income statements LO C2, P4 15 Valley Company's adjusted trial balance on August 31, 2017, its fiscal year end. follows. Debit Credit Merchandise inventory$48,888 Other (noninventory) assets Total liabilities K. Valley, Capital K. Valley, Withdrawals Sales Sales discounts Sales returns and allowances 16e,eee s 46,288 131,567 Pnm 8,eee 4,186 18,858 185 665 273,688