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Payable Equipment Utilities expense Merchandise Inventory Sales Paid in Capital Accumulated Depreciation, Machine Insurance expense Cash Depreciation expense, Equipment Accounts Payable Long-Term Investments Salaries expense
Payable Equipment Utilities expense Merchandise Inventory Sales Paid in Capital Accumulated Depreciation, Machine Insurance expense Cash Depreciation expense, Equipment Accounts Payable Long-Term Investments Salaries expense Cost of Goods Sold Salaries Payable Depreciation expense, Machine Office Supplies Machine Advertising expense Common Stock Land Supplies expense Accumulated Depreciation, Equipment Gain on sale of Equipment Unearned Revenue Loss on Sale of Investments Prepaid Insurance Accounts Receivable Dividends Payable Retained Earnings Happiness, Inc. Financial Statement Problem December 31, 2022 and 2021 Dec 31, 2022 H 2,700,000 4,280,000 322,000 6,000,000 10,175,210 589,200 (1,515,600) 295,000 3,522,810 400,105 4,100,600 1,100,000 2,210,700 315,600 525,000 2,200,000 2,200,000 5,325,000 8,000,000 80,000 (1,700,105) 65,210 524,000 (110,790) 1,500,000 3,560,000 550,000 10,372,605 Dec 31, 2021 3,000,000 3,000,000 6,529,000 425,000 (1,200,000) 3,316,110 4,890,000 2,610,790 2,300,700 810,000 1,980,0
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