On the worksheet the ending Merchandise Inventory account appears in the:

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The ending Merchandise Inventory account is adjusted at the end of the accounting period, so it appears in the adjustment column. Then, the adjusted balance is carried forward to the adjusted trial balance column and eventually to the balance sheet column since it is a current asset that needs to be reported on the balance sheet. It does not appear in the income statement column as it is not an income or expense account.

On the Worksheet the Ending Merchandise Inventory Account Appears in The