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Rhode Island Ice Cream Co makes fresh ice cream and distributes it to local ice cream shops to sell in their stores. At December 31,
Rhode Island Ice Cream Co makes fresh ice cream and distributes it to local ice cream shops to sell in their stores. At December 31, 2020, the accounts for Rhode Island were as follows $ Accounts Payable Accounts Receivable Building ND-Building 28,800 17.200 2,312,000 Equipment 2,016,000 200,000 A/D - Equipment Cash Salaries Payable Sales Revenue Inventory Cost of Goods Sold Other Expenses 140,000 145,600 149.000 76.800 0.00 2,000,000 160.000 1,000,000 12,000 Land Common Stock Loan Payable (long-term) Note Payable Insurance Expense Depreciation Expense Supplies Retained Earnings, 1/1 Salaries Expense Supplies Expense Dividends 572,000 398,800 140,000 20,000 48,000 116.000 100 18,400 152.000 307,200 44,000 20,000 Total assets on the classified balance sheet at December 31, 2020 are $341.200. $928,000 $1269 200 52.269.200
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