Problem 9 - 5 - Gross Profit Method what report Is city the war was The while warm winterchange was wearing was Corporation . The only accounting record saved was the general ledger , from which the trial balance below was prepared STANISLAW CORPORATION Trial Balance $1 - Mar- 1 1 Cash 5 20DUD Accounts receivable 40 .90 0 Inventory , 12131 / 10 75090 Land 35090 Building and equipment 1 10.090 Accumulated depreciation $41 300 Other asset 3 604 Accounts payable 23 7010 Other expense accruals 10 200 Capital slack 10 000 Retained earnings 52 090 Sales 125.090 Purchases 52004 Other expenses 26, 60 0 5362 200 8362 200 The following data and information have been gathered The fiscal year of the corporation ands on December 3 2 . An examination of the April bank statement and canceled checks revealed that chocks written during The period April 1 - 15 totaled $13 060 45 700 paid to accounts payable as of March 31 83 400 for April merchandise shipments , and $3 900 paid for other expenses Deposits during the same period amounted to $12 950 which consisted of receipts on account from customers with the exception of a $950 refund from a vendor for merchandise returned in April