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Question 20 of 27 < > -/15 The following selected accounts from the Sunland Company's general ledger are presented below for the year ended
Question 20 of 27 < > -/15 The following selected accounts from the Sunland Company's general ledger are presented below for the year ended December 31, 2022: Advertising expense $53,000 Interest revenue $31,000 Common stock 248,000 Inventory 65,000 Cost of goods sold 1,083,000 Rent revenue 24,000 Depreciation expense 123,000 Retained earnings 533,000 Dividends 148,000 Salaries and wages expense 673,000 Freight-out 23,000 Sales discounts 8,400 Income tax expense 68,000 Sales returns and allowances 42,000 Insurance expense 15,000 Sales revenue 2,398,000 Interest expense 68,000
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