accounting-Presented below are selected accounts for Salazar Company
by ella | Aug 20, 2025 | Business
Presented below are selected accounts for
Salazar Company as reported in the worksheet using a perpetual inventory
system at the end of May 2014. |
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Complete
the worksheet by extending amounts reported in the adjusted trial balance to
the appropriate columns in the worksheet. |
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| Accounts |
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Adjusted Trial Balance |
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Income Statement |
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Balance Sheet |
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Debit |
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Credit |
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Debit |
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Credit |
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Debit |
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Credit |
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| Cash |
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21,310 |
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| Inventory |
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81,330 |
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Sales
Revenue |
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552,520 |
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Sales
Returns and Allowances |
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14,500 |
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Sales
Discounts |
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13,960 |
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Cost of
Goods Sold |
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328,950 |
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