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on dec. 31 2017 merchandise was sold on account for $16500 with a cost of...

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Accounting

on dec. 31 2017 merchandise was sold on account for $16500 with a cost of 5500 terms 3/10
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Charlie, Inc. December 31, 2017 Unadjusted Trial balance Cash 50,000 Accounts Receivable Allowance for Doubtful Accounts 500 Short Term Note Receivable 60,000 Interest Receivable Supplies Prepaid Insurance Inventory Vehicle Equipment Accumulated Depreciation Accounts Payable Unearned Revenue Wages Payable Long-Term Notes Payable Common Stock Retained Earnings (1/1/2017) Dividends Sales Sales Returns& Allowances Sales Discounts Cost of Goods Sold Delivery Expense Depreciation Expense Bad Debt Expense Rent Expense Insurance Expense Wages Expense Supplies Expense Interest Revenue 0 48,000 12,000 16,000 75,000 42,000 18,000 14,000 2,000 70,000 106,000 2,500 2,000 511,000 7,000 3,000 46,000 5,000 16,000 0 98,000 40,000 195,000 15,500 0 Loss on Disposal Interest Expense Income Tax Expense Total 6,500 36,000 766,000 766,00

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