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The comparative balance sheet for Expedition Travel Services, Inc., for December 31, 2021 and 2020, is as follows: (Click the icon to view the comparative
The comparative balance sheet for Expedition Travel Services, Inc., for December 31, 2021 and 2020, is as follows: (Click the icon to view the comparative balance sheet.) The following information is taken from the records of Expedition Travel Services, Inc.: (Click the icon to view the transaction data.) Balance Sheet Transactions x a. Land was sold for $10,000. b. Equipment was purchased for cash. c. There were no disposals of equipment during the year. d. The common stock was issued for cash. e. Net income for 2021 was $39,000. f. Cash dividends paid during the year were $12,000
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