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The account balances for a company are listed below. All balances are as of Dec. 31. 2020, except where noted otherwise Accounts Payable $
The account balances for a company are listed below. All balances are as of Dec. 31. 2020, except where noted otherwise Accounts Payable $ 7,200 Rent Expense Accounts Receivable 8,400 Equipment Salaries Payable 5,600 Furniture Notes Payable (due 12/31/22) 20,900 Depreciation Expense Dividends 3,000 Sales Revenue 139,500 Accumulated Depreciation Cash Notes Payable (due 4/30/21) 2,500 Cost of Goods Sold 60,900 Common Stock Trademark: Loss on Sale of Equipment 4,500 Retained Earnings (1/1/20) Inventory 19,800 Interest Expense 9,750 Gain on Sale of Building Salary Expense 30,450 Unearned Revenue 3,800 2,100 74,500 16,600 4,000 10,000 14,000 ??? I 8,000 56,200 Marketable Equity Securities 300 2,450 Prepaid Insurance Expense: Copyright 500 6,000
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