The Income Statement section of the Johnson Company worksheet for the year ended December 31, 20X1, has $211,000 recorded in the Debit column and $226,250 in the Credit column on the line for the Income Summary account. What were the beginning and ending balances for Merchandise Inventory? Beginning merchandise inventory Ending merchandise inventory

The Income Statement section of the Johnson Company worksheet for the year ended December 31,201, has $211,000 recorded in the Debit column and $226,250 in the Credit column on the line for the Income Summary account. What were the beginning and ending balances for Merchondise Inventory