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Presented below are year-end adjusted account balances for Harrison Co. Insurance expense $13,000 Salaries and wages expense 60,000 Rent expense 25,000 Sales discounts 11,000

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Presented below are year-end adjusted account balances for Harrison Co. Insurance expense $13,000 Salaries and wages expense 60,000 Rent expense 25,000 Sales discounts 11,000 Inventory 21,000 Sales returns and allowances 12,000 Cost of goods sold 217,000 Sales revenue 390,000 Freight-out 5,000

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