IU UIN dl IV) HW Score: 79.119 alton Electrones Company uses a perpetual inventory system. The unadjusted trial balance for Tilon Electrons Company (Click the loon to view the unadjusted trial balance) March 31, 2018, follows Read the requirements Requirement 2. Prepare Titon Electrones' adjusted trial balance as of March 31, 2018 Review the adjusting entries you prepared in Recuirement1 Tilton Electroncs Company Adjusted Trial Balance March 31, 2018 Debit Credit Choose from any list or enter any number in the input fields and then click Check Answer Check Answer 1 sining Julissa Sand nework 4 of 5 (5 complete) HW SC The und 0 Data Table Tilton Electroncs Company Unadjusted Trial Balance March 31, 2018 alance as of Balance Account Title Cred Company Balance 2018 Debit 12,000 Cash Accounts Receivable Merchandise invertory Office Supplies 33500 5.50 6200 1.000 $ 37.000 Accumulated Depreciation Equipm Accounts Payable 13 43.000 Notes Payable long term 28.000 Check A F G H J K Julissa Sand nework 4 of 5 5 completely HW SE m. The una 0 Data Table Merchandise Inventory 45.850 lance as of 134,000 Company 37.900 16.500 13,800 2018 Orice Supplies Equipment Acumulated Depreciation Equipment Accounts Payable Une Revenue Notes Payable long term Common Stock Retained Earnings Divided Sales Revenue Cow Good Swales Expenseeling) 51000 28.000 24000 000 23.000 Sales Expe rt Check A Score: 0.56 of 2 pts 4 of 5 (5 complete) & P5-37A (similar to) Tilton Electronics Company uses a perpetual inventory system. The unadjusted trial balance for Titon Electroncs Company at March 31, 2016, foto (Click the icon to view the unadjusted trial balance.) Read the mairements Requirement 1. Joumalize the adjusting entries using the following data: (Record debits first, then credits. Select the explanation on the last line of a. Interest revenue acud, SMO Date Accounts and Explanation Debit Credit Interest Receivable Mar. 31 Ada Interest Revenue 300 To acere interest revenue b. Salaries (Selling) accrund, $2,400 Accounts and Explanation Debit Mar 31 Salaries Expanse Seling Salaries Payable Adj (b) To acu salaries expo Choose from any list or enter any number in the input fields and then click Check Answer 1 bart Clear All Q WER * P5-37A (similar to) Tilon Electronics Company uses a perpetual inventory system. The unadjusted trial balance for Tilton Electronos Company at March 3 (Click the icon to view the unadjusted trial balance.) Read the requirements To accrue salaries expense. Debit Credit c. Depreciation Expense-Equipment (Administrative). $1,340. Date Accounts and Explanation Mar. 31 Depreciation Expense-Equipment (Administrative) Adj. (c) Accumulated Depreciation Equipment 1,340 1340 To record depreciation on equipment. d. Interest expense accrued, $1,900 Date Accounts and Explanation Interest Expense Debit Credit Mar. 31 Adj. (d) Interest Payable 1,900 To accrue interest expense Choose from any list or enter any number in the input fields and then click Check Answer pat 1 remaining Clear All P5-37A (similar to) Titon Electroncs Company uses a perpetual inventory system. The unadjusted trial balance for Tilton Electroncs Company at Mar BE: (Click the icon to view the unadjusted trial balance.) Read the requirements e. A physical count of inventory was completed. The ending Merchandise Inventory should have a balance of $45,400. Date Accounts and Explanation Debit Credit Mar. 31 Cost of Goods Sold Adj. (e) Merchandise Inventory 450 450 Adjustment for inventory shrinkage. 1. Tilton estimates that approximately $5,500 of merchandise sold will be returned with a cost of $2,200 (1) Begin by preparing the entry for the estimated refunds. Do not prepare the entry to record the estimated return of merchandise with Date Accounts and Explanation Debit Credit Mar. 31 Sales Revenue 5,500 Adj. (f) Refunds Payable 5,500 To record estimated refund's Choose from any list or enter any number in the input fields and then click Check Answer mining Clear All 0 F1 305 Score! U.56 l 2 pus * P5-37A (similar to) Tilton Electronos Company uses a perpetual inventory system. The unadjusted trial balance for Tilton Electroncs Company at March 31 (Click the icon to view the unadjusted trial balance.) Read the requirements (2) Prepare the entry for the estimated return of merchandise. Date Debit Credit Mar. 31 Accounts and Explanation Estimated Returns Inventory Cost of Goods Sold 2,200 Ad (12) 2.200 To record estimated retums. Requirement 2. Prepare Tilton Electrones' adjusted trial balance as of March 31, 2018. Review the adjusting entries you prepared in Requirement 1 Tilton Electroncs Company Adjusted Trial Balance March 31, 2018 Balance Account Title Credit Debit Choose from any list or enter any number in the input fields and then click Check Answer ning Clear All Homework 4 of 5 (5 complete) y system. The unadjusted trial balance for Tilton Electroncs Company at March 31, 2018, follows: Requirements 1. Journalize the adjusting entries using the following data: a. Interest revenue accrued, $300. b. Salaries (Selling) accrued, $2,400 c. Depreciation Expense Equipment (Administrative) $1,340 d. Interest expense accrued, $1,900 e. A physical count of inventory was completed. The ending Merchandise Inventory should have a balance of $45,400. f. Titon estimates that approximately $5,500 of merchandise sold wil be returned with a cost of $2.200. 2. Prepare Tilton Electroncs's adjusted trial balance as of March 31, 2018 3. Prepare Tilton Electronos's multi-step income statement for year ended March 31, 2018 Print Done the input fields and then click Check Answer Clear A