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This is a multi step problem. after t accounts please provide journalized adjusting entries general ledger trial balance retained earnings statement income statement Comprehensive Problem

image text in transcribedimage text in transcribedThis is a multi step problem. after t accounts please provide

journalized adjusting entries

general ledger

trial balance

retained earnings statement

income statement

Comprehensive Problem 6 (Part Level Submission) On December 1, 2014, Seattle Company had the account balances shown below Debits Credits $1,460 2,970 20,800 7,822 $33,052 Accumulated Depreciation Equipment Cash Accounts Receivable Inventory (3,400 x $0.58) Equipment 3,640 Accounts Payable 1,972 Common Stock 20,500 Retained Earnings $33,052 The following transactions occurred during December. Dec. 3 Purchased 4,600 units of inventory on account at a cost of $0.72 per unit. 5 Sold 4,900 units of inventory on account for $0.89 per unit. (It sold 3,400 of the $0.58 units and 1,500 of the $0.72.) 7 Granted the December 5 customer $178 credit for 200 units of inventory returned costing $110. These units were returned to inventory. 17 Purchased 2,300 units of inventory for cash at $0.81 each 22 Sold 2,200 units of inventory on account for $0.95 per unit. (It sold 2,200 of the $0.72 units.) Adjustment data: 1. Accrued salaries and wages payable $500 2. Depreciation on equipment $150 per month

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