Barbie Merchandising Company Adjusted Trial Balance For the Period Ended December 31, 2020 Account Title కులు Sales returns and allowances Sales discount Purchases Purchase returns and allowances Purchase discount Freight in Selling expese Gen and administrative expense Total Debit, Credit P1.652.000, P35.000 13:000 1.120.500 70,000, 55.000 40,000 P2,322,000 P2,322,000 Beginning and ending balance of Merchandise Invertcry amouted to P56.500 and P65 respectively How much is the net profe
Barbie Merchandising Company Adjusted Trial Balance For the Period Ended December 31, 2020 Account Title కులు Sales returns and allowances Sales discount Purchases Purchase returns and allowances Purchase discount Freight in Selling expese Gen and administrative expense Total Debit, Credit P1.652.000, P35.000 13:000 1.120.500 70,000, 55.000 40,000 P2,322,000 P2,322,000 Beginning and ending balance of Merchandise Invertcry amouted to P56.500 and P65 respectively How much is the net profe
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter6: Cash And Receivables
Section: Chapter Questions
Problem 8P
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![Oa column for the date the check was made
Barbie Merchandising Company
Adjusted Trial Balance
For the Period Ended December 31, 2020
Account Title
Sales
Sales returns and allowances
ంజు doaouint
Purchases
Purchase returns and allow3nces
Purchase discount
Freight in
Selling expense
Debit
Credit
P1.652.000
P35.000
13.000/
1.120,500
18:C00
36.000
55.000
40,000
P2,322,000
1o ఉ
P2,322,000
Beginning and ending balance of Merchandissinvertchyamcuredto P56.500 and P65500
respectively How much is the net profit](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F5fbc2c57-0861-457d-a6ad-e317762002fc%2Fb5e9a8d8-befc-4d86-8f73-24fdcbdd9a91%2F5fovx3_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Oa column for the date the check was made
Barbie Merchandising Company
Adjusted Trial Balance
For the Period Ended December 31, 2020
Account Title
Sales
Sales returns and allowances
ంజు doaouint
Purchases
Purchase returns and allow3nces
Purchase discount
Freight in
Selling expense
Debit
Credit
P1.652.000
P35.000
13.000/
1.120,500
18:C00
36.000
55.000
40,000
P2,322,000
1o ఉ
P2,322,000
Beginning and ending balance of Merchandissinvertchyamcuredto P56.500 and P65500
respectively How much is the net profit
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