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calculate the below totals/amounts based on the above account balances Question 6: The following account balances were taken from the financial statements of HDP, Inc.
calculate the below totals/amounts based on the above account balances
Question 6: The following account balances were taken from the financial statements of HDP, Inc. as of December 31, 2021. Accounts Payable $ 34,000 Notes Payable due in 2025 $ 62,000 Accounts Receivable 39,000 Prepaid Insurance 3,500 Accumulated Depreciation - Equipment 8,000 Rent Revenue 5,000 Advertising Expense 10,100 Retained Earnings, 1/1/21 180,000 Cash 68,200 Salaries & Wages Expense 23,900 Common Stock 69,000 Service Revenue 115,400 Dividends 8,900 Supplies 30,250 Equipment 134,000 Unearned Revenue 19,900 Land 163,650 Utilities Expense 11,800 Calculate the below totals/amounts based on the above account balances. Revenues Current Assets Expenses Property, Plant & Equipment Current Liabilities Net Income Retained Earnings 12/31/2021 Long Term Liabilities Please show your work/calculations in the space below Step by Step Solution
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