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Fill in the missing amounts in the following schedules. 1. 2. 3. 4. 5. June April 252,000 May 189,000 $ $ Sales* Cash receipts: From
Fill in the missing amounts in the following schedules.
1.
2.
3.
4.
5.
June April 252,000 May 189,000 $ $ Sales* Cash receipts: From cash sales From sales on account $ 142,200 107,100 Total cash receipts 618,000 252,000 Accounts payable, 12/31/xo Purchase of goods and services on account during 20x1 Payments of accounts payable during 20x1 Accounts payable, 12/31/x1 824,000 Accounts receivable, 12/31/xo Sales on account during 20x1 Collections of accounts receivable during 20x1 Accounts receivable, 12/31/x1 1,760,000 4,572,000 (3,948,000) Accumulated depreciation, 12/31/x0 $ Depreciation expense during 20x1L Accumulated depreciation, 12/31/x1 | 411,000 78,000 1,541,700 301,800 Retained earnings, 12/31/x0 | $ Net income for 20x1 Dividends paid in 20x1 Retained earnings, 12/31/x1
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