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10. The adjusted trial balance data given below is from the Morgan Company's worksheet for the year ended December 31, 2016. Prepare a proper income
10. The adjusted trial balance data given below is from the Morgan Company's worksheet for the year ended December 31, 2016. Prepare a proper income statement for the year ended December 31, 2016. The expense accounts numbered 611-615 represent selling expenses, and those numbered 621-631 represent general and administrative expenses. ????. NO 399 401 451 491 S01 502 503 504 611 613 615 621 621 625 622 ACCOUNT NAME Incerne Sammy Sale Sales Retrand Allow Interest Income Purchase Frode La Purch Rehmend Allowances Purchases Discounts Sales Salaries Expense Adverteng Espente Travel Expense Office Salaries Egere Office Supplies Expense Utilities Expand Payroll Treces Experte Uncollectible Accounts Expense Depreciation Eqt - dice que Teterest Expense ADJUSTED TRIAL BALANCE DEEIT CREDIT 62.000 57,000 290.000 4500 756 125,000 3,000 1.600 1.900 59.000 2.100 11,500 18,300 750 4.500 1.500 1:50 550 1,600 629 631 691 What's your take on the company's performance? Would you be satisfied with such and why? What would you do in their place? Page Break 11. The adjusted trial balance data given below is from Cameron White
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