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7,050 Retained Earnings prior year 4,440 PP&E, net 190 Wages Expense 150 Administration Expense 1,550 Cash 205 Tax Expense Common Stock Inventory 300 3,700
7,050 Retained Earnings prior year 4,440 PP&E, net 190 Wages Expense 150 Administration Expense 1,550 Cash 205 Tax Expense Common Stock Inventory 300 3,700 Accounts Payable 1,800 Accounts Receivable 2,700 Notes Payable 2,200 Depreciation Expense 220 Cost of Goods Sold 6,700 Dividends 200 Interest Expense 85 Revenue Tax Liability 8,400 390 Missing Amounts: Gross Profit Operating Income Income Before Tax Net Income Total Assets Total Liabilities , Retained Earnings End of Current Perio 1 Shareholders' Equity 2 3 + P P P P P ?
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