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Glaser Strauss Ltd 30-Jun 2021 2020 Inventory Sales revenue Account receivable Prepaid rent Account payables Salaries payables Cost of Goods sold $23,200 $27,800 $5,220
Glaser Strauss Ltd 30-Jun 2021 2020 Inventory Sales revenue Account receivable Prepaid rent Account payables Salaries payables Cost of Goods sold $23,200 $27,800 $5,220 $4,830 $1,250 $1,750 $25,100 $28,300 $2,800 $3,000 $33,750 $17,500 Expenses (including 23000 depreciation) $125,000 Question 3 Required (a) Using T-account to calculate the amount of cash collected from (b) Using T-account Calculate the amount of cash paid to suppliers and cre
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