Question

Exercise 5-10 e columns of the 2017, are toon. The trial balanc worksheet using B perpetual invercery systern for Marquez Comperry at June Operating expenses incurred on account, but ot yet recorded, total $1.500 Complete the worksheet rial Balance Accouunts lleceNoble nventonY Nccounts Vayable Common Stock Salas evenue Cost of Goods Sold Operating Expenses 2,140 51,120 10,500 47,120 547,120 Net Trme Totab

Answer 1

Marquez Company Work Sheet June 30, 2017 Adjustments Debit Adjustments Debit Balance sheet and Adjusted trial balance Credit Income Statement Account Name Credit Credit Debit Debit Credit Debit Credit Cash Accounts receivables Invento Accounts payable Common Stock Sales Revenue Cost of Goods Sold Operating Expenses Total Net income Totals $ 1,920 2,440 11,640 $1,920 2,440 11,640 $1,920 2,440 11,640 $ 1,120 3,500 42,500 $ 2,620 3,500 $ 1,500 $2,620 3,500 42,500 $ 42,500 $20,560 12,060 32,620 9,880 20,560 10,560 20,560 12,060 $ 1,500 $ 47,120$ 47,120 $1,500 $1,500$48,620$48,620 42,500 6,120 9,880 16,000 $ 16,000 16,000 42,500$ 42,500