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Struggling with this one. Any help would be appreciated! The trial balance columns of the worksheet using a perpetual inventory system for Marquez Company at
Struggling with this one. Any help would be appreciated!
The trial balance columns of the worksheet using a perpetual inventory system for Marquez Company at June 30, 2017, are as follows. Other data: Operating expenses incurred on account, but not yet recorded, total $1,500, Enter the trial balance on a worksheet and complete the worksheet. MARQUEZ COMPANY Worksheet For the Month Ended June 30, 2017 Adj. Trial Balance Dr. Cr. Account Titles Adjustments Income Statement Trial Balance Dr. Cr. 1,920 Dr. Cr. Dr. Cr. Cash Accounts Receivable 2,440 Inventory 11,640 Accounts Payable 1,120 Owner's Capital 3,500 Sales Revenue 42,500 Cost of Goods Sold 20,560 Operating Expenses 10,560 Totals 47,120 47,120 Net Income TotalsStep by Step Solution
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