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idk Raymond Music Company uses a perpetual inventary system. The aduated tral balanoe of Rick Raymond Musio Campany at June 30, 2018, talaw: (Cick the
idk Raymond Music Company uses a perpetual inventary system. The aduated tral balanoe of Rick Raymond Musio Campany at June 30, 2018, talaw: (Cick the icon lo view the adjusted trial belance Data Table Read tha racuiremants Requirament 1. Prapara Bg Papi's mulli-siap income statement for the yaar andad June 30, 2018 (UsR a minus sign ar paranthesas to show ather expenses.) Rick Raymond Music Company Rick Raymond Music Company Adjusted Trial Balance Income Statement June 30, 201s Year Ended June 30, 2018 Revenues Balance Account Title Debit Credit Cash 3.800 Accounls Receiveble 38.500 Marchandise Inventory 17800 X Roquiramants omoe Supplies 400 Furriture 39.300 Accumulaled Deprecislion-Furniture 8400 1. Frepare Big Paprs mub-stop incame statement for the year ended June 30, 2018 Accounts Payable 14,100 2. Joumaize Big Papl's dcaing antrias Salaries Payable 600 3. Prepare a poet-dosing trial balance as of June 30, 2018. Uneamed Revenue 6,600 Noles Paysble, long-term Raymond, Capital 14.500 Net Income (Loas) Print Done 28,900 Raymond, Withdrswals 40500 Sales Revenue 188,000 Cost of Goods Scld 84,600 Selling Expenee 19 200 Administrative Expense 14.000 1,000 Intarest Expense 259,100 259,100 Total Print Done
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