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Periodic inventory accounts, multiple - step income statement, closing entries On June 3 0 , 2 0 Y g , the balances of the accounts
Periodic inventory accounts, multiplestep income statement, closing entries
On June the balances of the accounts appearing in the ledger of Simkins Company are as follows:
Cash
Accounts Receivable
Inventory, July
Estimated Returns Inventory, July
Office Supplies
Prepaid Insurance
Land
Store Equipment
Accumulated DepreciationStore Equipment
Office Equipment
Accumulated DepreciationOffice Equipment
Accounts Payable
Customer Refunds Payable
Salaries Payable
Unearned Rent
Notes Payable
Common Stock
Retained Earnings
Dividends
Sales
$
$
tableDividends$
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