Question 8 of 15 -/2 = View Policies Current Attempt in Progress Which one of the following statements is correct? O A merchandiser buys inventory and a manufacturer produces its inventory. O A manufacturer buys inventory and a merchandiser produces its inventory. O A merchandiser and a manufacturer produce their inventory. O A merchandiser and a manufacturer buy their inventory. Save for Later Attempts: 0 of 1 used Submit Answer Question 11 of 15 VIEW TOPICS Current Attempt in Progress The adjusted trial balance for DVD Concepts at December 31, 2021 is as follows: DVD CONCEPTS Adjusted Trial Balance December 31, 2021 Debit Credit Cash $27,000 Accounts Receivable 35,220 Supplies 24,850 27,000 229,000 Prepaid Insurance Equipment Accumulated Depreciation-Equipment Accounts Payable Note Payable $44,000 39,000 90,000 Salaries Payable 22,000 Question 11 of 15 Accumulated Depreciation Equipment $44,000 39,000 Accounts Payable Note Payable 90,000 Salaries Payable 22,000 J. Yan, Capital 128,000 J. Yan, Drawings 31,000 Rental Revenue 266,070 45,000 Advertising Expense Depreciation Expense 31,000 23,000 34,000 Insurance Expense Rent Expense Salaries Expense Supplies Expense 57,000 25,000 $589,070 $589,070 Prepare a statement of owner's equity for the year ended December 31, 2021. (List items that incre DVD CONCEPTS Statement of Owner's Equity For the Month Ended December 31, 2021 J. Yan, Capital, December 31 $ Add $