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Company A DIRECTIONS December 31, 2021 Account Balances Sales revenue $ 30,000,000 Cost of goods sold $ 18,000,000 General and administrative expense $ 2,000,000 Selling
Company A DIRECTIONS December 31, 2021 Account Balances Sales revenue $ 30,000,000 Cost of goods sold $ 18,000,000 General and administrative expense $ 2,000,000 Selling expense $ 1,000,000 Interest expense $ 1,400,000 Additional information $600,000 in restructuring costs were incurred Additional information: Inventory costing $800,000 was written off as Restructuring costs due to plant closings $ 600,000 Raleigh discovered that depreciation expense Inventory written off as obsolete $ 800,000 The company experienced negative foreign cu Understatement of 2020 depreciation expe $ 100,000 Foreign currency translation adjustment los $ 400,000 Unrealized gain on debt securities $ 360,000 Effective tax rate 25% Company A's records show the account balan comprehensive income for 2021. The compa comprehensive income should be displayed n Ignore Earnings per Share (EPS) disclosures. Y
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