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as soon as possible combined ques on emplette 25 points Save Ans Question On December 31, 2020, WJM Depot finished its second year of operations.

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as soon as possible combined ques

on emplette 25 points Save Ans Question On December 31, 2020, WJM Depot finished its second year of operations. During the year, Mary Tyler invested an additional $30,000 in the business and 8000 of the long term not payable is due July 31, 2021. WJM Depot's accountant has finalized the company stands and provided the following adjusted account balances. Note: all accounts have normal balance Account Balance Account Ralance Cash $38.200 Rent Revenue 9,000 Accounts Receivable 26.200 Sales 359.300 Merchandise Inventory 35,000 Sales returns and allowances 3,200 Supplies 3.800 Sales discounts 2,100 Prepaid Insurance 3.300 Cost of goods sold 218,800 Land not currently used in 160,000 Depreciation expense, store 3.000 operations equipment Office Equipment 9.200 Depreciation expense, office equipment Acumulated depreciation office 1.400 Ottice salaries expense 25.300 equipment Store Equipment 40,000 Sales salaries expense 28,500 ecumulated depreciation, store 6,000 Interest expense equipment Trademark 60.000 Insurance expense Accounts Payable 4.800 21.270 Rent expense, office space Salaries Pavable 6,000 Rent expense, selling space Long-term Note Payable due 12,000 120,000 Office supplies expense Jal. 2006 Mary Tyler, Capital 188.660 Store supplies expense Mary Tyler Withdrawals 12.000 Advertising expense 16 500 REQUIRED: 700 480 Mary The Windvis REQUIRED: Using the above information, calculate each of the following: 11. Current assets 1 Net Sales 12. Non-current investments 2 Gross profit from sales 13. Book value of the Store Equipment 3 Total selling expenses 14. Property, plant, and equipment 4 Total general & administrative expenses 5 Total operating expenses 15. Intangibles 6 Profit from operations 16. Total Assets 7 Total other revenge & expenses 17. Current liabilities 8 Profit 18. Non-current liabilities 9 Beginning capital 19. Total liabilities 10. Ending capital Note: Supporting calculations are required for full part marks. 20. Total liabilities and equity the web and Windows

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