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Please answer according to the box arrangements The following selected accounts from Swifty Corporation's general ledger are presented below for the year ended December 31,
Please answer according to the box arrangements
The following selected accounts from Swifty Corporation's general ledger are presented below for the year ended December 31, 2021: $ 105,840 $1,797,120 159,840 142,560 618,840 Accounts payable Accounts receivable Accumulated depreciation-equipment Cash Common shares Cost of goods sold Depreciation expense 12,960 324,000 2,079,000 300,240 Equipment Income tax expense Insurance expense Inventory Prepaid expenses Retained earnings Salaries expense Sales 138,240 403,920 48,600 730,080 994,680 4,298,400 SWIFTY CORPORATION Statement of Income (Single-step) Year Ended December 31, 2021 Revenues Sales $ 42,98,400 Total revenues $ $Step by Step Solution
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