Use the following information to completethe partial worksheet for Bill’s Company. Record the appropriate adjustingentries using the data below and extend the balances over to the adjusted trialbalance columns
Merchandiseinventory–ending $10
Storesupplies on hand 3
Depreciationon store equipment 2
Accruedsales 1
Accounttitles Trial balance
Debit | Credit
Merchandiseinv. 16 | ?
Storesupplies 10 | ?
Storeequipment 20 | ?
Accum.Depr. Store Equip. ? | 6
Salariespayable ? | ?
Incomesummary ? | ?
Salaryexpense 10 | ?
Depreciationexpense ? | ?
Storesupplies Exp. ? | ?
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Adjustments Adjusted trialbalance
Debit | Credit Debit | Credit
? | ? ? | ?
? | ? ? | ?
? | ? ? | ?
? | ? ? | ?
? | ? ? | ?
? | ? ? | ?
? | ? ? | ?
? | ? ? | ?
? | ? ? | ?
