Chapter 2 F23 B Question 1 of 4 Retained earnings, January 1 Cash These items are taken from the financial statements of Wildhorse Corporation for the year ended December 31, 2024: Salaries payable Utilities expense Equipment Accounts payable Buildings Common shares Dividends declared Prepaid insurance Repairs and maintenance expense Land Depreciation expense Accounts receivable Insurance expense Salaries expense $270,000 15,200 3,700 2,400 81,000 18,300 88,000 42,000 6,100 261,000 2,400 3,400 190,000 7,560 17,300 2,640 -/4 E 158,400

These items are taken from the firancialstatements of Wildhorse Corporation for the year ended December 31.2024 : These items are taken from the firancialstatements of Wildhorse Corporation for the year ended December 31.2024