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389 CHAPTER 11 Preparing a Worksheet for a Merchandise Company Using the Perpetual Method 389 113-4. L01,2 (60 min) From the following trial balance and additional data, complete the worksheet for Ron's Wholesale Clothing Company Additional Data a. Physical count of inventory on December 31, 53,950 Supplies on hand, $50 e Insurance expired, 555 d. Depreciation expense on store equipment, 5100 Storage fees earned, S115 RONS WHOLESALE CLOTHING COMPANY TRIAL BALANCE DECEMBER 31, 2013 Figure 11.16 Triat Balance for Hon's Wholesale Clothing Company Check ige Net Income 53.636 I Cash Petty Cash Accounts Receivable Merchandise Inventory Supplies Prepaid Insurance Store Equipment Accumulated Deprecation, Store Equipment Accounts Payable Federal Income Tax Payable FICA. 5oc. Sec. Payable FICA-Medicare Payable Unearnad Stade fees Ron Win, Capital Ron Win Withdrawals Sales Sales Returns Allowances Sales Discounts Cost of Good Sold Salaries Expen Payroll Tax pense Test Dagens De CH 200000 3000 3ooooo acolo 1217000 Do dolololo 49600 S000 s gooo 400 DO 000 Ego 27 31400 180000 19 400 SG000 4000 500.00 600000 1900 53000 20000 20000 LO1 (10 min) Financial Report Problem Reading Amazon's Annual Report Go to https://tinyurl.com/slaterale and find the Consolidated Statement of Income What is the cost of goods sold (cost of sales) in 2016) KEEPING IT REAL SUAREZ COMPUTER CENTER The first 6 months of the year have concluded for Suares Computer Center and Falco wants to make the necessary adjustment to his accounts to prepare accurate financial Matement MyLab Accounting L01,2 (60 min)

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