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plz help there are three parts that need to be filled out NELSON COMPANY Unadjusted Trial Balance January 31 Credit Debit $ 22,000 13,000 5,300
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NELSON COMPANY Unadjusted Trial Balance January 31 Credit Debit $ 22,000 13,000 5,300 2,500 42,800 $ 16,800 13,000 35,000 115, 400 Cash Merchandise inventory Store supplies Prepaid insurance Store equipment Accumulated depreciation-store equipment Accounts payable J. Nelson, Capital J. Nelson, Withdrawals Sales Sales discounts Sales returns and allowances Cost of goods sold Depreciation expense-Store equipment Sales salaries expense Office salaries expense Insurance expense Rent expense-Selling space Rent expense-Office space Store supplies expense Advertising expense Totals 2,000 2,050 2,050 38,000 14,100 14,100 0 6,500 6,500 @ 9,300 $ 180, 200 $ 180,200 Additional Information: a. Store supplies still available at fiscal year-end amount to $2,350. b. Expired insurance, an administrative expense, is $1,700 for the fiscal year c. Depreciation expense on store equipment, a selling expense, is $1,675 for the fiscal year, d. To estimate shrinkage, a physical count of ending merchandise inventory is taken. It shows $11,000 of inventory is still available at fiscal year-end. Required 1 Required 2 Required 3 Using the above information, prepare adjusting journal entries. View transaction list Journal entry worksheet 1 2 3 > Store supplies still available at fiscal year-end amount to $2,350. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal ---- Required information Income Statement For Year Ended January 31 Expenses Selling expenses Total selling expenses General and administrative expenses Total general and administrative expenses Total expenses - ICICU MUNIC BICICURE JULEHICILIUI MIC VCO ChuCU JUHTULIY JITULUCU. O Required information Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare a single-step income statement for the year ended January 31. NELSON COMPANY Income Statement For Year Ended January 31 Expenses Total expenses there are three parts that need to be filled out
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