) Prepare a partial balance sheet as of June 30, 2009 Jenkins,


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) Prepare a partial balance sheet as of June 30, 2009 Jenkins, inc., which sells household appliances, begins its fiscal year on June 1. A partial balance sheet for jenkins is given next. Jenkins, Inc. Partial Balance Sheet May 31, 2009 Account Receivable $35,000 Allowance for Uncollectible Account (3,500) Net Realizable Value $31,500 The following transactions took place during June 2009. June 1 Cash sales for the day totaled $5,100 June 4 Sold $2,000 of merchandise to another appliance retailer, JLK Company, with terms of 2/10, n/30. June 6 sold $300 of merchandise to Jae Lee, terms n/20. June 8 wrote off an uncollectible account receivable from W5 Corp. Of $450. June 12 JLK Company returned $500 of the merchandise purchased on June 4 Because the merchandise was defective. June 14 JLK Company paid Jenkins the amount due for the June 4 transaction. June 20 sold $950 of merchandise to Larissa Rodriguez with terms of n/20. June 26 Received payment from Jae Lee for merchandise sold to him on June 6. June 29 Received a check for $450 from W5 Corp. Whose account balance had been Written off on June 8. need help to put this information into a balance sheet lilray
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