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S 4-3 (Algo) Merchandise accounts and computations LO C1 Use the following information (in random order) from a merchandising company and from a service company.

S 4-3 (Algo) Merchandise accounts and computations LO C1 Use the following information (in random order) from a merchandising company and from a service company. McNeil Merchandising Company Accumulated depreciation $ 700 Beginning inventory 11,000 Ending inventory 6,600 Expenses 2,050 Net purchases 13,500 Net sales 21,500 Krug Service Company Expenses $ 9,700 Revenues 26,000 Cash 900 Prepaid rent 880 Accounts payable 200 Equipment 2,500

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