Answered step by step
Verified Expert Solution
Question
1 Approved Answer
the solution Mays ACC_331_20120 - File 5. Home X Cut Review Insert Page Layout Calibri . Formulas Data AN == View Tell me what you
the solution
Mays ACC_331_20120 - File 5. Home X Cut Review Insert Page Layout Calibri . Formulas Data AN == View Tell me what you want to do Wrap Test General Merge & Center S. - Normal Copy Paste A E Format Painter BIV Clipboard Conditional Format as Formatting Table Alignment Number 031 - X WE F May's Retail Stores Work Sheet For Year Ended December 31, 2019 Unadjusted Account Title Trial Balance No. Adjustments Adjusted Trial Balance CE CRDR CR 34,300 (b) (d) 4,300 (C) 20.000 (d 5,000 13.000 20,000 4,300 50,000 DR 201 Accounts payable 65,000 9 131 Accounts Receivables 29,000 10 168 Accumulated depreciation - Building 95,000 11 633 Advertising expenses 21.000 1 167 Building 670,000 13 101 Cash 140,000 301 Common Stock 200.000 15 501 Cost of Goods Sold 350,000 (a) 16 612 Depreciation expertise (c 17 637 Insurance expense 18 684 Interest expense 10 203 Tateret ovable 37,000 127 Investory 46.000 176 Led 70 000 72 151 Long-term botes payable 136.000 22 126 Marketable Securities 43,000 2 6 10 Rest expense 21,000 ( 25 686 Repairs expen.se 32,000 25 305 Retained Earnings 436.000 27 401 Sales 760,000 23 652 Supplies expense (8 29 186 Trademarks 15,000 30 690 Utilities expense 12.000 31 683 Wages expense 230,000 ( 210 Wages peable 33 Totals 729.000.000 1.229,000,000 34 Dets 35 l) Complete adjusted trial balance of worksheet 36 2) Use your completed worksheet to prepare a single-step or multi-step net income L ) 13,000 NINN 1.000 (b) 4.300 3.000 (d) 21,000 31.000 LO31.000 102.600 102.600 Statement of Owner's Equity and (c) balance sheet as of December 31, 2019 May's Retail Stores O Type here to search 0 Bt e e Belance for tabl... Week 3. Expenditur. Pes, Retail Stores DELL
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started