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Data table Cash Accounts receivable Oct 1 6,000 Payments 607,000 Oct 1 20,000 Receipts 602,000 Sales 593,000 Oct 31 1,000 Oct 31 11,000 Collections
Data table Cash Accounts receivable Oct 1 6,000 Payments 607,000 Oct 1 20,000 Receipts 602,000 Sales 593,000 Oct 31 1,000 Oct 31 11,000 Collections 602,000 Inventory Accounts payable Oct 1 26,000 Cost of goods sold 425,000 Payments 421,000 Oct 1 10,000 Purchases 426,000 Oct 31 27,000 Purchases Oct 31 426,000 15,000 Accumulated depreciation Retained earnings Oct 1 45,000 Dividends 19,000 Oct 1 82,000 Depreciation expense 4,000 Net income 50,000 Oct 31 49,000. Oct 31 113,000 Print Done
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