Year-end adjustment information:

(a, b)	A physical count shows that merchandise inventory costing $86,000 is on hand as of December 31, 20--.
(c, d, e)	Young estimates that customers will be granted $5,600 in refunds of this years sales next year and the merchandise expected to be returned will have a cost of $4,300.
(f)	Supplies remaining at the end of the year, $3,300.
(g)	Unexpired insurance on December 31, $3,800.
(h)	Depreciation expense on the building for 20--, $10,500.
(i)	Depreciation expense on the store equipment for 20--, $6,500.
(j)	Unearned rent revenue as of December 31, $4,500.
(k)	Wages earned but not paid as of December 31, $3,600.

Venice Beach Kite Shop End-of-Period Spreadsheet For Year Ended December 31, 20--
	TRIAL BALANCE		ADJUSTMENTS				ADJUSTED TRIAL BALANCE
ACCOUNT TITLE	DEBIT	CREDIT	DEBIT		CREDIT		DEBIT	CREDIT
Cash	20,000			fill in the blank 006b95f6706cfb6_1		fill in the blank 006b95f6706cfb6_2	fill in the blank 006b95f6706cfb6_3	fill in the blank 006b95f6706cfb6_4
Accounts Receivable	14,000			fill in the blank 006b95f6706cfb6_5		fill in the blank 006b95f6706cfb6_6	fill in the blank 006b95f6706cfb6_7	fill in the blank 006b95f6706cfb6_8
Merchandise Inventory	75,000			fill in the blank 006b95f6706cfb6_9		fill in the blank 006b95f6706cfb6_10	fill in the blank 006b95f6706cfb6_11	fill in the blank 006b95f6706cfb6_12
Estimated Returns Inventory	3,100			fill in the blank 006b95f6706cfb6_13		fill in the blank 006b95f6706cfb6_14	fill in the blank 006b95f6706cfb6_15	fill in the blank 006b95f6706cfb6_16
Supplies	8,100			fill in the blank 006b95f6706cfb6_17		fill in the blank 006b95f6706cfb6_18	fill in the blank 006b95f6706cfb6_19	fill in the blank 006b95f6706cfb6_20
Prepaid Insurance	5,300			fill in the blank 006b95f6706cfb6_21		fill in the blank 006b95f6706cfb6_22	fill in the blank 006b95f6706cfb6_23	fill in the blank 006b95f6706cfb6_24
Land	130,000			fill in the blank 006b95f6706cfb6_25		fill in the blank 006b95f6706cfb6_26	fill in the blank 006b95f6706cfb6_27	fill in the blank 006b95f6706cfb6_28
Building	210,000			fill in the blank 006b95f6706cfb6_29		fill in the blank 006b95f6706cfb6_30	fill in the blank 006b95f6706cfb6_31	fill in the blank 006b95f6706cfb6_32
Accumulated DepreciationBuilding		84,000		fill in the blank 006b95f6706cfb6_33		fill in the blank 006b95f6706cfb6_34	fill in the blank 006b95f6706cfb6_35	fill in the blank 006b95f6706cfb6_36
Store Equipment	130,000			fill in the blank 006b95f6706cfb6_37		fill in the blank 006b95f6706cfb6_38	fill in the blank 006b95f6706cfb6_39	fill in the blank 006b95f6706cfb6_40
Accumulated DepreciationStore Equipment		52,000		fill in the blank 006b95f6706cfb6_41		fill in the blank 006b95f6706cfb6_42	fill in the blank 006b95f6706cfb6_43	fill in the blank 006b95f6706cfb6_44
Accounts Payable		9,600		fill in the blank 006b95f6706cfb6_45		fill in the blank 006b95f6706cfb6_46	fill in the blank 006b95f6706cfb6_47	fill in the blank 006b95f6706cfb6_48
Customer Refunds Payable		3,600		fill in the blank 006b95f6706cfb6_49		fill in the blank 006b95f6706cfb6_50	fill in the blank 006b95f6706cfb6_51	fill in the blank 006b95f6706cfb6_52
Wages Payable				fill in the blank 006b95f6706cfb6_53		fill in the blank 006b95f6706cfb6_54	fill in the blank 006b95f6706cfb6_55	fill in the blank 006b95f6706cfb6_56
Sales Tax Payable		5,900		fill in the blank 006b95f6706cfb6_57		fill in the blank 006b95f6706cfb6_58	fill in the blank 006b95f6706cfb6_59	fill in the blank 006b95f6706cfb6_60
Unearned Rent Revenue		8,800		fill in the blank 006b95f6706cfb6_61		fill in the blank 006b95f6706cfb6_62	fill in the blank 006b95f6706cfb6_63	fill in the blank 006b95f6706cfb6_64
M. Young, Capital		278,220		fill in the blank 006b95f6706cfb6_65		fill in the blank 006b95f6706cfb6_66	fill in the blank 006b95f6706cfb6_67	fill in the blank 006b95f6706cfb6_68
M. Young, Drawing	26,000			fill in the blank 006b95f6706cfb6_69		fill in the blank 006b95f6706cfb6_70	fill in the blank 006b95f6706cfb6_71	fill in the blank 006b95f6706cfb6_72
Income Summary				fill in the blank 006b95f6706cfb6_73		fill in the blank 006b95f6706cfb6_74	fill in the blank 006b95f6706cfb6_75	fill in the blank 006b95f6706cfb6_76
				fill in the blank 006b95f6706cfb6_77		fill in the blank 006b95f6706cfb6_78	fill in the blank 006b95f6706cfb6_79	fill in the blank 006b95f6706cfb6_80
Sales		525,130		fill in the blank 006b95f6706cfb6_81		fill in the blank 006b95f6706cfb6_82	fill in the blank 006b95f6706cfb6_83	fill in the blank 006b95f6706cfb6_84
Sales Returns and Allowances	14,500			fill in the blank 006b95f6706cfb6_85		fill in the blank 006b95f6706cfb6_86	fill in the blank 006b95f6706cfb6_87	fill in the blank 006b95f6706cfb6_88
Rent Revenue				fill in the blank 006b95f6706cfb6_89		fill in the blank 006b95f6706cfb6_90	fill in the blank 006b95f6706cfb6_91	fill in the blank 006b95f6706cfb6_92
Purchases	125,000			fill in the blank 006b95f6706cfb6_93		fill in the blank 006b95f6706cfb6_94	fill in the blank 006b95f6706cfb6_95	fill in the blank 006b95f6706cfb6_96
Purchases Returns and Allowances		1,400		fill in the blank 006b95f6706cfb6_97		fill in the blank 006b95f6706cfb6_98	fill in the blank 006b95f6706cfb6_99	fill in the blank 006b95f6706cfb6_100
Purchases Discounts		1,800		fill in the blank 006b95f6706cfb6_101		fill in the blank 006b95f6706cfb6_102	fill in the blank 006b95f6706cfb6_103	fill in the blank 006b95f6706cfb6_104
Freight-In	2,100			fill in the blank 006b95f6706cfb6_105		fill in the blank 006b95f6706cfb6_106	fill in the blank 006b95f6706cfb6_107	fill in the blank 006b95f6706cfb6_108
Wages Expense	125,000			fill in the blank 006b95f6706cfb6_109		fill in the blank 006b95f6706cfb6_110	fill in the blank 006b95f6706cfb6_111	fill in the blank 006b95f6706cfb6_112
Advertising Expense	13,000			fill in the blank 006b95f6706cfb6_113		fill in the blank 006b95f6706cfb6_114	fill in the blank 006b95f6706cfb6_115	fill in the blank 006b95f6706cfb6_116
Supplies Expense				fill in the blank 006b95f6706cfb6_117		fill in the blank 006b95f6706cfb6_118	fill in the blank 006b95f6706cfb6_119	fill in the blank 006b95f6706cfb6_120
Phone Expense	1,350			fill in the blank 006b95f6706cfb6_121		fill in the blank 006b95f6706cfb6_122	fill in the blank 006b95f6706cfb6_123	fill in the blank 006b95f6706cfb6_124
Utilities Expense	8,000			fill in the blank 006b95f6706cfb6_125		fill in the blank 006b95f6706cfb6_126	fill in the blank 006b95f6706cfb6_127	fill in the blank 006b95f6706cfb6_128
Insurance Expense				fill in the blank 006b95f6706cfb6_129		fill in the blank 006b95f6706cfb6_130	fill in the blank 006b95f6706cfb6_131	fill in the blank 006b95f6706cfb6_132
Depreciation ExpenseBuilding				fill in the blank 006b95f6706cfb6_133		fill in the blank 006b95f6706cfb6_134	fill in the blank 006b95f6706cfb6_135	fill in the blank 006b95f6706cfb6_136
Depreciation ExpenseStore Equipment				fill in the blank 006b95f6706cfb6_137		fill in the blank 006b95f6706cfb6_138	fill in the blank 006b95f6706cfb6_139	fill in the blank 006b95f6706cfb6_140
Miscellaneous Expense	60,000			fill in the blank 006b95f6706cfb6_141		fill in the blank 006b95f6706cfb6_142	fill in the blank 006b95f6706cfb6_143	fill in the blank 006b95f6706cfb6_144
	970,450	970,450		fill in the blank 006b95f6706cfb6_145		fill in the blank 006b95f6706cfb6_146	fill in the blank 006b95f6706cfb6_147	fill in the blank 006b95f6706cfb6_148
							fill in the blank 006b95f6706cfb6_149	fill in the blank 006b95f6706cfb6_150
Net Income							fill in the blank 006b95f6706cfb6_151

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