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The adjusted trial balance of Nick Company contained the following information: Sales Revenue Sales Returns and Allowances Sales Discounts Cost of Goods Sold Freight-Out Advertising
The adjusted trial balance of Nick Company contained the following information: Sales Revenue Sales Returns and Allowances Sales Discounts Cost of Goods Sold Freight-Out Advertising Expense Interest Expense Salaries and Wages Expense Utilities Expense Depreciation Expense Interest Revenue Debit $15,000 7,000 323,000 2,000 15,000 18,000 85,000 28,000 7,000 Credit $570,000 27,000
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