What is the purpose of a worksheet. atbilst Pero eso homme mignotaa esine P.A. 3 (64) robos anos de los Presented below is the trial balance of Kate Co. for December 31, 2016. Dode Oooni ton edt 98 is an Kate Company at tideh odtebasexo ames maol hastanemo Trial Balance 9999 te mostrarlo December 31, 2016 no baina hori oso erg gnomsidrotib9 terw nego Cash Debu Beod 19V P 16,800 Wtoare Accounts Receivable Wiscon 19 10 20 6,600 astoto Merchandise Inventory mattoo buto bere 16,500 omogredito ab Prepaid Insurance og man and to como Jibony 9800 di Office Supplies 2,000 teada eru Store Equipment 15,000 Accumulated Depreciation - Store Equipment P 3,600 Office Equipment Deore equipment 12.00 12.000 stano Accumulated Depreciation - Office Equipment forow 3,000 Accounts Payable 10,000 Kate, Capital 26,600 Kate, Drawing 5,000 Sales 150,000 Sales Returns and Allowances 13,000 Purchases 75,000 Purchase Returns and Allowances 4,500 Purchase Discounts 1,500 Freight-in 800 Salaries Expense 12,000 Rent Expense 20,000 Utilities Expense 2,500 Freight-out 1,200 P 199 200 P199,200 Completing the Accounting Cycle (234 The Worksheet. Adjusting Journal Entries. Closing Entries and the Statement of Cost of Goods Solo a. Additional pieces of information determined for December 31, 2016 are as follows: Depreciation of the store equipment is P 1,200, and that of office equipment i store P1,500. Office supplies used during the year amounted to P1,000. Insurance expired during the year is P200. Ending inventory amounted to P 10,000. hipgojol nga Doubtful accounts at year-end are estimated to be P800, Unpaid utilities at year-end amounted to P24,000. b. c. d. e. f. Required: Prepare a 10-column worksheet. that I do arterioso de vos ex page 50 ILLUSTRATION 29 Taken from the worksheet of Sweet Potion Merchandising, the following is the Cost of Sales of the company: Merchandise Inventory, Beginning Add: Net Cost of Purchases P80,000 Purchases P550,000 Less: Purchase Returns and Allowances Coming and P92,000 Purchase Discount 18,000 110,000 Net Purchases P 440,000 Add: Freight-in 25,000 465,000 Goods Available for Sale inton Bad P545,000 Less: Merchandise Inventory, but 60.000 End Cost of Salesuada worlosie von P485,000 I belonging to interno pas non innego nimeogetto o Fanion to generelt up to an opening about been DRILL 2 ipo Sanwo of batik to basical video DAT Bottogambo Refer to Drill 1, prepare the Cost of Goods Sold.net ontstaan smo obowe doriti o ni bilo bom boloods 08 ) did need to hold arbeta une hond betro dos Wolls 99 te to abando Ribning in Sri
