A.

Jurnal entries of merchandising Company

Date Account Debit Credit

2mei Inventory 8820 180

cash 8820
(2/10,n/30. FOB Shipping poin)
Delivery Expense 150
cash 150

4mei Account Receivable 1200 24

Sales 1200
(2/10,n/60. FOB Destination)

5mei cash 300

Credit memo 300

12mei Account Rceivable 1176

cash 1176

B.Adjustment entries

account unadjustment TB adjustment adjusted tb

debit credit debit credit debit
cash 9846
Account Receivable 2376 2376
Supplies 2800
Salaries 900 900
Delivery Expense 150 150
Depreciation Exp 12500 12500
Revenue 14000 14000
Inventory 8820 8820
Supplies Expense 2800 2800
unearned Revenue 14000
Credit Memo 300
Salles 1200
Sallaries Exp 900
Acc.Dep.Exp 12500
Total 25346 25346 16200 16200 41546

C.Financial Statement
 statement of Financial Position
for the month ended december 31, 2018

Assets
Cash 13450
Store supplies 4140
Prepaid insurance 2200
Equipment 33000
Accumulated Depreciation-Equipment -9000
Store supplies expense 1300
Utilities expense 1860
total 46950

Liabilities
Account Payable 1000
Wages Payble 3200

Equity

Total Equity 15650

Total
 adjusted tb
credit
9846

2800

14000
300
1200
900
12500
41546
 Statement Of Changes equity
for the month ended december 31, 2018
Holt Capital 31650
Holt Withdrawl 16000
HoltCapital Ending 15650