Assignment - Accounting Cycle Yellow Dog Company (YDC) is wholesale distributor in British Columbia. YDC has...

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Assignment - Accounting Cycle Yellow Dog Company (YDC) is wholesale distributor in British Columbia. YDC has a December 31 year- end. The company is planning a major expansion next year that will require bank financing. You have been provided the following information: Yellow Dog Company Unadjusted Trial Balance December 31, 2023 Dr Cr Cash Accounts receivable $ 165,185 125,000 Inventory 130,000 Office equipment 180,000 Accumulated depreciation - Office equipment 110,000 Trucks 220,000 Accumulated depreciation - Trucks 80,000 Accounts payable 27,000 Unearned sales revenue 25,000 Note payable 130,000 Common shares 160,000 Retained earnings 105,000 Sales revenue 1,635,000 Cost of goods sold 790,000 Insurance expense 16,000 Wage and salary expense 194,000 Income tax expense 31,915 Marketing expense 145,000 Communications expense 75,000 Rent expense 113,000 Supplies expense 10,000 Other operating expenses 73,000 Interest expense 3,900 $2,272,000 $2,272,000 Assignment - Accounting Cycle Yellow Dog Company (YDC) is wholesale distributor in British Columbia. YDC has a December 31 year- end. The company is planning a major expansion next year that will require bank financing. You have been provided the following information: Yellow Dog Company Unadjusted Trial Balance December 31, 2023 Dr Cr Cash Accounts receivable $ 165,185 125,000 Inventory 130,000 Office equipment 180,000 Accumulated depreciation - Office equipment 110,000 Trucks 220,000 Accumulated depreciation - Trucks 80,000 Accounts payable 27,000 Unearned sales revenue 25,000 Note payable 130,000 Common shares 160,000 Retained earnings 105,000 Sales revenue 1,635,000 Cost of goods sold 790,000 Insurance expense 16,000 Wage and salary expense 194,000 Income tax expense 31,915 Marketing expense 145,000 Communications expense 75,000 Rent expense 113,000 Supplies expense 10,000 Other operating expenses 73,000 Interest expense 3,900 $2,272,000 $2,272,000