Question 01

c! ' *E5-1 5 Presented below are selected accounts for Salazar Company as reported in the work- sheet using a perpetual inventory system at the end of May 2015. Income Statement Dr. Cash 1 1,000 Inventory 76,000 Sales Revenue 480,000 Sales Retulns and Allowances 1 0,000 Sales Discounts 9,000 Cost of Goods Sold 300,000 Instructions Complete the worksheet by extending amounts reported in the adjusted trial balance to the appropriate columns in the worksheet. Do not total individual columns