Waterway Company had the following account balances at year-end: Cost of Goods Sold TRY65,030; Inventory TRY15,490; Operating Expenses TRY32,400; Sales Revenue TRY126,170; Sales Discounts TRY1,450; and Sales Returns and Allowances TRY2,020. A physical count of inventory determines that merchandise inventory on hand is TRY12,990.

tead, Study Practice Assist Gradebook ORION Downloadable elextbook at > Open Assignment CALCULATOR PRINTER VERSION NE W RESOURCES Waterway Company had the following account balances at year-end: Cost of Goods Sold TAYOS,00 Inventory TRY15,490: Operating Expenses TAY32,400 Sales Revenue TRYI25.170. Gales Discounts TRY1 45 and Sales Returns and Allowances TR12.020. Aphysical coat of inventory determines that merchandise inventory and TR 12,990. (a) Prepare the justing entry necessary result of the physical count. (Credit accountitles are automatically indested when amount is entered. Do not intent manual) Acomunities and explanation C (6) Preparing te (Credite ilire are matally need when amount is tart. Do not intensity) Aman Tandple (Todowch credits) V CALCULATOR PRINTER VERSION CRACK NEX (6) Pregere closing entries. (Credities are automatically indented when yount is entered. Do not intent manually.) Grein To come with (Ta city u uu (143 Synccessing this Question Assistance, you will learn while you can points Based on the Print Potential Policy by your structor