SANCHEZ MARKETING Trial Balance August 31, 2018 Account Title Cash Accounts Receivable Office Supplies Equipment Accounts Payable Notes Payable Ken Sanchez, Capital Ken Sanchez, Drawing Sales Sales Returns and Allowances Sales Discount Purchases Purchase Returns and Allowances Purchase Discount Freight In Freight Out Advertising Expense Rent Expense Salaries Expense Utilities Expense Totals *Inventory End - P 10,000 Debit P 50,290 13,500 500 9,000 1,000 700 324 33,900 500 400 1,000 2,500 2,000 600 P 116,214 Credit P 2,300 25,000 40,000 48,100 600 214 P 116,214
SANCHEZ MARKETING Trial Balance August 31, 2018 Account Title Cash Accounts Receivable Office Supplies Equipment Accounts Payable Notes Payable Ken Sanchez, Capital Ken Sanchez, Drawing Sales Sales Returns and Allowances Sales Discount Purchases Purchase Returns and Allowances Purchase Discount Freight In Freight Out Advertising Expense Rent Expense Salaries Expense Utilities Expense Totals *Inventory End - P 10,000 Debit P 50,290 13,500 500 9,000 1,000 700 324 33,900 500 400 1,000 2,500 2,000 600 P 116,214 Credit P 2,300 25,000 40,000 48,100 600 214 P 116,214
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter12: Fainancial Statement Analysis
Section: Chapter Questions
Problem 48CE
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