Income Statement, ent of Owner's Equity, and Balance Sheet 1. 20, was Paulson's Pet Store completed the Adjustedral Balance for the year ended December 31, 20-Owner's uits of any $514,400. The current portion of Moe Pyae 2.000 Paulson's Pet Store End-of-Period Spreadsheet (Partia) December 31, 20 ADJUSTED TRIAL BALANCE ACCOUNT TITLE DEBIT CREDIT 23.430.00 . . 64.800.00 Merchandise vertory Jesse Returns theory 2.500.00 1.800.00 90,000.00 350,000.00 20,000.00 120,000.00 Prednance Land Building Accum. Der-Buliding Store met Accum. Depr-Store Equipment Accounts Payable Customer Refunds Payable Wages Payable Sales Tax Payable Note Payable B. Paulson, Capital Le Paulson, Drawing come Summary 3,600.00 9.520.00 1.700.00 1,200.00 3.440.00 16,000.00 534,400.00 4.800.00 59,300.00 200.00 4,800.00 1,100.00 326,030.00 .360.00 162.540.00 Sare Returns and Allowance Purchases Purchase Returns and Alewens Purchases Discounts Freight 1.600.00 60.400.00 1000 advertising Expense Suportes 2.864.00 es Experise insurance Dept. Expen d ing Depr. peretet Miscellaneous Expense Interest Expense 10.000.00 1.800.00 600.00 969, 120.00 321,340.00 969,120.00 210.00 Purch Purch and allow Nu purchase Add fight Cost of good purchased Goods available for sale Merchandisinventory, December 31, 20W Les Estimated retur inventory, December 31, 20v Cast of sold Gross profit Wages Advertising con Put Stone Equity Stammt of 3. Pan, capital January 1, 20 Add additional Towym Netcome for the With for the year Incinta B. Pan, capital, December 31, 20 Pain's Pet Store December 31, 20 Land 15.000 Accuted depreciation 160 Note Condiale trailers, cariat