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Complete the Adjustments column of the work sheet represented below. Ending merchandise inventory is $92,000. If an amount box does not require an entry, leave it blank. Work Sheet (partial) Trial Balance Adjustments Account Title Debit Credit Debit Credit Merchandise Inventory 81,000 Income Summary Purchases 273,000 Purchases Returns and Allowances 12,100 Purchases Discounts 21,000 Freight-In 5,300

Complete the Adjustments column of the work sheet represented below. Ending merchandise inventory is $92,000. If an amount box does not require an entry, leave it blank. Work Sheet (partial) Trial Balance Adjustments Account Title Debit Credit Debit Credit Merchandise Inventory 81,000 Income Summary Purchases 273,000 Purchases Returns and Allowances 12,100 Purchases Discounts 21,000 Freight-In 5,300

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Complete the Adjustments column of the work sheet represented below. Ending merchandise inventory is $92,000. If an amount box does not require an entry, leave it blank. Work Sheet (partial) Trial Balance Adjustments Account Title Debit Credit Debit Credit Merchandise Inventory 81,000 Income Summary Purchases 273,000 Purchases Returns and Allowances 12,100 Purchases Discounts 21,000 Freight-In 5,300
Transcribed Image Text:Complete the Adjustments column of the work sheet represented below. Ending merchandise inventory is $92,000. If an amount box does not require an entry, leave it blank. Work Sheet (partial) Trial Balance Adjustments Account Title Debit Credit Debit Credit Merchandise Inventory 81,000 Income Summary Purchases 273,000 Purchases Returns and Allowances 12,100 Purchases Discounts 21,000 Freight-In 5,300
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