College Coasters is a San Diego-based merchandiser specializing in logo-adorned drink coasters. The company reported the...
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College Coasters is a San Diego-based merchandiser specializing in logo-adorned drink coasters. The company reported the following balances in its unadjusted trial balance at December 1. Cash $8,300 Accounts Receivable 1,960 Inventory 400 Prepaid Rest 600 Equipent 730 Accumulated Depreciation 110 Accounts Payable 1,380 Salaries and Wages Payable 300 Income Taxes Payable Q Common Stock 5,600 Retained Earnings 3,000 Sales Revenue 13.110 Cost of Goods sold 7,300 Rent Expense 1,100 Salaries and Wages Expense 1,900 Depreciation Expense 110 Income Tax Expense 0 office Expense 1,200 College Coasters is a San Diego-based merchandiser specializing in logo-adorned drink coasters. The company reported the following balances in its unadjusted trial balance at December 1. Cash $8,300 Accounts Receivable 1,960 Inventory 400 Prepaid Rest 600 Equipent 730 Accumulated Depreciation 110 Accounts Payable 1,380 Salaries and Wages Payable 300 Income Taxes Payable Q Common Stock 5,600 Retained Earnings 3,000 Sales Revenue 13.110 Cost of Goods sold 7,300 Rent Expense 1,100 Salaries and Wages Expense 1,900 Depreciation Expense 110 Income Tax Expense 0 office Expense 1,200
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