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The adjusted trial balance of Gorman Music Company

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The adjusted trial balance of Gorman Music Company The adjusted trial balance of Gorman Music Company appears below. Gorman Music Company prepares monthly financial statements and uses the perpetual inventory method. Instructions Complete the worksheet below. GORMAN MUSIC COMPANY Worksheet For the Month Ended April 30, 2008 Adjusted Trial Balance Income Statement Balance Sheet Debit Credit Debit Credit Debit Credit Cash 11,000 Merchandise Inventory 21,000 Supplies 3,500 Equipment 80,000 Accum. Depreciation— Equipment 15,000 Accounts Payable 20,000 Gorman, Capital 92,000 Gorman, Drawing 8,000 Sales 39,000 Sales Discounts 2,000 Cost of Goods Sold 23,000 Advertising Expense 7,000 Supplies Expense 6,000 Depreciation Expense 1,000 Rent Expense 2,500 Utility Expense 1,000 166,000 166,000 Business Management Assignment Help, Business Management Homework help, Business Management Study Help, Business Management Course Help

The adjusted trial balance of Gorman Music Company

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