West Florida Operations And Supply Chain Management Assignment Help – completed this assignment

West Florida Operations And Supply Chain Management Assignment Help – completed this assignment

Question – there are 8 questions _x000D_
Document Preview: _x000D_
_x000D_
WIT Financial Accounting Test Chapters 5 and 6 1. From the adjusted trial balance for Worker _x000D_
Products Company given below, prepare a multiple-step income statement in good form. Worker _x000D_
Products Company Adjusted Trial Balance December 31 Debit Credit Cash $ 9,400 Accounts _x000D_
receivable 25,000 Merchandise inventory 36,000 Office supplies 900 Store equipment 75,000 _x000D_
Accumulated depreciation – store equipment $ 22,000 Office equipment 60,000 Accumulated _x000D_
depreciation -office equipment 15,000 Accounts payable 42,000 Notes payable 10,000 F. Worker, _x000D_
Capital 110,700 F. Worker, Withdrawals 48,000 Sales 325,000 Sales discounts 6,000 Sales returns _x000D_
and allowances 16,500 Cost of goods sold 195,000 Sales sa …Read Morelaries expense 32,500 Depreciation _x000D_
expense – store equipment 11,000 Depreciation expense – office equipment 7,500 Office supplies _x000D_
expense 1,300 Interest expense 600 Totals $524,700 $524,700 2. From the adjusted trial balance for _x000D_
Worker Products Company given below, prepare the necessary closing entries. Worker Products _x000D_
Company Adjusted Trial Balance December 31 Debit Credit Cash $ 9,400 Accounts receivable _x000D_
25,000 Merchandise inventory 36,000 Office supplies 900 Store equipment 75,000 Accumulated _x000D_
depreciation – store equipment $ 22,000 Office equipment 60,000 Accumulated depreciation -office _x000D_
equipment 15,000 Accounts payable 42,000 Notes payable 10,000 F. Worker, Capital 110,700 F. _x000D_
Worker, Withdrawals 48,000 Sales 325,000 Sales discounts 6,000 Sales returns and allowances _x000D_
16,500 Cost of goods sold 195,000 Sales salaries expense 32,500 Depreciation expense – store _x000D_
equipment 11,000 Depreciation expense – office equipment 7,500 Office supplies expense 1,300 _x000D_
Interest expense 600 Totals $524,700 $524,700 3. A company made the following merchandise _x000D_
purchases and sales during the month of May: May 1 Purchased 380 units at $15 each May 5 _x000D_
Purchased 270… …Read Less


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