Liabilities* Accounts payable Common Stock beg . 4 4, 610 beg . 250, 000 31 – Dec 220, 00.0 31 – Dec 230.00 34, 616 Ending 250, 0.00 Retained…
Please check my adjusted trial balance at the end. Thanks, Jon During 2018, the following occurred: Customer sales on account $400,000. Received payments from customers in cash $380,000. Purchased merchandise on credit $220,000. Paid cash to vendors $230,000. Costs related to merchandise sold $170,000. Operating expenses were paid in cash $80,000. There is additional information to consider. A note payable for $46,200 was issued on […]