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The following account balances are for the Agee Company as of January 1, 2017, and December 31, 2017. All amounts are denominated in kroner (Kr)
The following account balances are for the Agee Company as of January 1, 2017, and December 31, 2017. All amounts are denominated in kroner (Kr) January 1, 2017 December 31, 2017 payable (11,000 32,000 (23,000 (24,000) 82,000 (28,000) (5, 300) (53,000) 94,000 8,300 (74,000) 18,000 35,000 33,000 (6,300) 15,800 (33,000) 23,000 (92,000) 6,500 Accounts Accounts receivable Accumulated depreciation-buildings Accumulated depreciation-equipment Bonds payable-due 2020 points (53,000 112,000 38,000 (62,000) Skipped Cash Common stock Depreciation expense Dividends (10/1/17) Equipment Gain on sale of building Rent expense eBook (33,000) Print Salary expense Sales Utilities expense References Additional Informationn Agee issued additional shares of common stock during the year on April 1, 2017, Common stock at January 1, 2017, was sold at the start of operations in 2010. Agee purchased buildings in 2011 and sold one building with a book value of Kr 13,000 on July 1 of the current year. Equipment was acquired on April 1, 2017. o Relevant exchange rates for 1 Kr were as follows: 2010 2011 January1, 2017 April 1, 2017 July 1, 2017 October 1, 2017 December 31, 2017 Average for 2017 S 2.55 2.35 2.65 2.75 2.95 3.05 3.15 2.85
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