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Prepare a Balance Sheet The adjusted trial balance of Quality Office Systems at March 31, 2018, follows: QUALITY OFFIGE SYSTEMS Adjusted Trial Balance March 31,2018
Prepare a Balance Sheet
The adjusted trial balance of Quality Office Systems at March 31, 2018, follows: QUALITY OFFIGE SYSTEMS Adjusted Trial Balance March 31,2018 Balance Account Title Debit Credit Cash $ 3,700 Accounts Receivable 13,300 Merchandise Inventory 31,500 Office Supplies 6,300 Equipment 42,900 Accumulated Depreciation-Equipment $13,900 Accounts Payable 9,200 Salaries Payable 800 Notes Payable, long-term 8,600 Common Stock 18,000 Retained Earnings 4,950 Dividends 41,500 Sales Revenue 235,700 Cost of Goods Sold 107,550 Selling Expense 27,400 Administrative Expense 14,200 Interest Expense 2,800 Total $291,150 $291,150Step by Step Solution
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