Question Six: 10p DAILEY MUSIC COMPANY Adjusted Trial Balance For the Month Ended April 30, 2017 Cash Inventory Supplies Equipment Accum. Depreciation Accounts Payable Share Capital-Ordinary Retained Earnings Dividends Sales Revenue Sales Discounts Cost of Goods Sold Advertising Expense Supplies Expense Depreciation Expense Rent Expense Utilities Expense Debit Credit 12,000 21,000 3,500 80,000 15,000 20,000 50,000 42,000 7,000 44,000 2,000 28,000 7,000 6,000 1,000 2,500 1,000 171,000 171,000 Instructions: Compute the following 1. Gross Profit 2. Net Income or Loss 3. Current Assets 4. Net Plant Assets 5. Current Liabilities 6. Non-Current Liabilities 7. Retained Earnings (Ending) 8. Total Equity 9. Total Assets