How do you do this problem? Explanation.

CHAPTER 11 Preparing a worksheet for a Merchandise Company 435 Assignment inver lies supp s dozen 1/4-inch screws at a cost of sIS a dozen 8 dozen screws 4 et of coaxial cable at a cost of S8 SMITH COMPUTER CENTER TRIAL BALANCE FIGURE 11.17 MARCH 31, 201X Trial Balance for Smith Computer Trial Balance Accounts Recei 13 5 00 paid Ren Supplie Computer Shop Equipment Accumulated Depreciation, C S, Equipment 150 00 quipment Accumulated Depreciation, Office Equipment Accounts Payable 12000 Feldman, Capi 1228 200 Feldman, hdrawl come Summary Service Revenue 2130 000 1168 000 ns and Allowances 19800 Advertising Expense Rent Expense Utilities Expense Phone Expense Supplies Expense Insurance Expense Postage Expense Miscellaneous Expense Wage Expense Payroll Tax Expense 93 000 Purchases 150.00 Purchases Returns 49 3 4 200 49 3 4 200 Totals Merchandise Inventory inventory was A physical inventory taken on March 31 indicated that merchandise walued at $400 CHAPTER 11 Preparing a worksheet for a Merchandise Company 435 Assignment inver lies supp s dozen 1/4-inch screws at a cost of sIS a dozen 8 dozen screws 4 et of coaxial cable at a cost of S8 SMITH COMPUTER CENTER TRIAL BALANCE FIGURE 11.17 MARCH 31, 201X Trial Balance for Smith Computer Trial Balance Accounts Recei 13 5 00 paid Ren Supplie Computer Shop Equipment Accumulated Depreciation, C S, Equipment 150 00 quipment Accumulated Depreciation, Office Equipment Accounts Payable 12000 Feldman, Capi 1228 200 Feldman, hdrawl come Summary Service Revenue 2130 000 1168 000 ns and Allowances 19800 Advertising Expense Rent Expense Utilities Expense Phone Expense Supplies Expense Insurance Expense Postage Expense Miscellaneous Expense Wage Expense Payroll Tax Expense 93 000 Purchases 150.00 Purchases Returns 49 3 4 200 49 3 4 200 Totals Merchandise Inventory inventory was A physical inventory taken on March 31 indicated that merchandise walued at $400