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QUESTION 15 Jim Panzie, owns a portable pet store which uses the perpetual inventory system. The book keeper Sally Mander has provided the following partial
QUESTION 15 Jim Panzie, owns a portable pet store which uses the perpetual inventory system. The book keeper Sally Mander has provided the following partial list of account balances (in alphabetical order) on December 15, 2021. REQUIRED: Using the accounts provided, calculate the total expenses. Accounts Payable $ 26 Accounts Receivable 23 Accumulated Amortization 64 Allowance for Doubtful 2 Accounts Cash 10 Cost of Goods Sold 687 409 J. Panzie, Capital J. Panzie, Withdrawals Equipment 92 180 Los Interest Earned 4 109 211 Inventory Rent Expense Salaries Expense Sales Discounts 155 8 Sales Returns and Allowances 32 Sales 1,044 14 Supplies Uneamed Sales 12
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