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Presented below are selected account balances for Grouper Co. as of December 31, 2017. Inventory 12/31/17$59,790 Cost of Goods Sold$224,683 Common Stock75,010 Selling Expenses15,793 Retained
Presented below are selected account balances for Grouper Co. as of December 31, 2017.
Inventory 12/31/17$59,790
Cost of Goods Sold$224,683
Common Stock75,010
Selling Expenses15,793
Retained Earnings45,490
Administrative Expenses38,162
Dividends18,146
Income Tax Expense30,420
Sales Returns and Allowances11,938
Sales Discounts15,240
Sales Revenue408,110
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