This worksheet provides accounting information for the year ended December 31, 20X1. It includes a trial balance with debit and credit columns, adjustment columns to record accruals and deferrals, and adjusted columns that populate the income statement and balance sheet. Key figures include total sales of $402,600, cost of goods sold of $324,700, expenses of $129,000, ending inventory of $132,300, and net income of $15,420.
This worksheet provides accounting information for the year ended December 31, 20X1. It includes a trial balance with debit and credit columns, adjustment columns to record accruals and deferrals, and adjusted columns that populate the income statement and balance sheet. Key figures include total sales of $402,600, cost of goods sold of $324,700, expenses of $129,000, ending inventory of $132,300, and net income of $15,420.
This worksheet provides accounting information for the year ended December 31, 20X1. It includes a trial balance with debit and credit columns, adjustment columns to record accruals and deferrals, and adjusted columns that populate the income statement and balance sheet. Key figures include total sales of $402,600, cost of goods sold of $324,700, expenses of $129,000, ending inventory of $132,300, and net income of $15,420.