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Prepare a worksheet for Morin Co. from the information below Indicate the normal balance and category of each of the following accounts: a. Unearned Revenue
Prepare a worksheet for Morin Co. from the information below Indicate the normal balance and category of each of the following accounts: a. Unearned Revenue b. Merchandise Inventory (beginning of period) c. Freight-In d. Payroll Tax Expense e. Purchases Discount f. Sales Discount g. FICA-Social Security Payable h. Purchases Returns and Allowances Preparc a worksheet for Morin Co. from the following information using a/b. Merchandise Inventory, ending c. Store Supplies on hand d. Depreciation on Store Equipment e. Accrued Salaries 3 MORIN CO. TRIAL BALANCE DECEMBER 31, 201X Dr. Cr. Cash Accounts Receivable Merchandise Inventory Store Supplies Store Equipment Accumulated Depreciation, Store Equipment Accounts Payable J. Morin, Capital Income Summary 700 200 1300 800 2000 8 00 700 3800 Sales 4400 Sales Returns and Allowances 6 00 1900 Purchases 500 Purchases Discount 200 1300 1200 Freight-In Salaries Expense Advertising Expense Totals 10200 10200
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