Prepare a worksheet for Morin Co. from the following information. a/b. Merchandise Inventory, ending $9 c....

Prepare a worksheet for Morin Co. from the following information.

a/b. Merchandise Inventory, ending $9

c. Store Supplies on hand $2

d. Depreciation on Store Equipment $3

e. Accured Salaries $2

Morin Co.

Trial Balance

December 31, 20XX

	Dr.	Cr.
Cash	7.00
Accounts Receivable	2.00
Merchandise Inventory	13.00
Store Supplies	8.00
Store Equipment	20.00
Accumulated Dep., Store Equipment		8.00
Accounts Payable		7.00
J. Morin, Capital		38.00
Income Summary
Sales		44.00
Sales Returns and Allowances	6.00
Purchases	19.00
Purchases Discount		5.00
Freight-In	2.00
Salaries Expense	13.00
Advertising Expense	12.00
Total	102.00	102.00

Expert Solution

ekkarill92 answered 1 year ago

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