S 6 of 8 (2 compiete) P5A-44B (similar to Travis Depanment Store uses a periodic inventory system The adjused tral belance of Tras EE (cick the con to view the adusted trial balance.) Depement Saove at Decenber 31, 2016. lows Read the reauiremenss Data Tabie Year Ended December 31, 2016 Account Title Debit Credit Accounts Recevble Menchandise Jeversory (beginning Ofice Supplies 38.500 13.000 ocounts Payable Salanies Payable Uneamed Revenue Notes Payable, long-erm Travs. Capit 28,800 Sales Revenue Sales Returns and Alowances Sales Dscounts 96.000 Choose trom any lst or enter any number in the input fields and then cick Check Answer Score: 0 of 1 p P5A-44B (similar to Travis Department Store uses a periodic inventory system The adused trial belande of Travis Department Store at December 31. 2016, tolows O Data Table Read the tesureme Year Ended December 31, 2016 Accounts Paysble Unearned Revenue Trans Capaa S18500 28 800 2400 14,900 58.050 89 200 400,000 Sales Reums and Allowances ales Discounts 45o0 296.000 10.000 7,700 Puichase Retuns and Alowarnces Purchase Dsco Freght in Seling Expense Admnisve Expense Inberest E 200 26,700 3 100 683 350 3683.350 Choose from any list or ente any number in the input telds and then cick Check Answer PrntDone Read the requirements Data Table Income Statement Year Ended December 31, 2016 Accounts Payable Accounts Receivable Accounts Payable Salaries Payable Requirements Administrative Expense Beginning Merchandise Inventory 89 Cost of Goods Sold Ending Merchandise Inventory Freight in Furniture Interest Expense Notes Payable, long-term Office Supplies 1. Prepare Travis Department Store's multbi-step income statement for the year ended December 31, 2016. Assume ending Merchandise Inventory is $36,200 2. Jounalize Travis Department Store's closing entries Print Done Purchase Discounts Purchase Retums and Allowances Salaries Payable Freight in Selling Expense Sales Discounts Sales Revenue Sales Returns and Allowances 26,70 Interest Expense C Seling Expenses nd then click Check Answer. 5 683,35 Travis, Capital C Travis. Withdrawals Unearned Revenue Print Done D MewAtne adjusted thal balance.) Read the requirements. Data Table Income Statement Year Ended December 31, 2016 Less Cost of Goods Available for Sale Accounts Payable Salaries Payable Cost of Goods Sold: Gross Profit Net Cost of Purchases 0 Requirements Net Purchases Net Sales Revenue Operating Expenses: Operating income Other Revenues and (Expenses) 1. Prepare Travis Department Store's mult-step income statem ended December 31, 2016. Assume ending Merchandise In $36,200. 2. Jounalize Travis Department Store's closing entries. es Totai Operating Expenses Total Other Revenues and (Expenses) Print Done Freight In Selling Expense Administrative Expense Interest Expense Total Less. Gnss profit : from any list or enter any number in the input fields and then click Check Answer 5 parts Pi ning mant Cton uonn a natindlin inw.nnton: ntAm Tho ndintnd wini balance of Travis Department Store at D EEB (Click the Accounts Payable Read the requ Accounts Receivable Accumulated Depreciation- Furniture Administrative Expense Beginning Merchandise Inventory Cash Cost of Goods Sold Ending Merchandise inventory Freight In Furniture interest Expense Notes Payable, long-tetm Less: Requirements L-office Supplies Purchases Purchase Discounts Purchase Returns and Allowances 1. Prepare Travis Departm ended December 31, 20 $36,200. Salaries Payable 2. Joumalize Travis Depart Sales Discounts Sales Revenue Sales Returns and Allowances Selling Expenses Travis, Capital Travis, Withdrawals Unearned Revenue Gross Profit