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Accounts receivable $333,900 Accumulated depreciationequipment 963,270 Advertising expense 69,300 Common shares 315,000 Cost of goods sold 1,476,720 Depreciation expense 157,500 Dividends declared 189,000 Equipment 1,827,000
Accounts receivable | $333,900 | |
Accumulated depreciationequipment | 963,270 | |
Advertising expense | 69,300 | |
Common shares | 315,000 | |
Cost of goods sold | 1,476,720 | |
Depreciation expense | 157,500 | |
Dividends declared | 189,000 | |
Equipment | 1,827,000 | |
Freight out | 31,500 | |
Income tax expense | 88,200 | |
Insurance expense | 28,980 | |
Interest expense | 78,120 | |
Interest income | 37,800 | |
Inventory | 122,220 | |
Prepaid expenses | 39,060 | |
Rent income | 30,240 | |
Retained earnings | 674,100 | |
Salaries expense | 888,300 | |
Sales | 3,262,770 | |
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