The following information applies on December 31, 2017 for Rappy Corporation Accounts Payable 834 Interest Expense 400 Accounts Receivable 810 Inventories 967 Buiilding, net of accumulated depreciation 1,537 Land 2,100 Cash 1,270 Long term Debt 3,500 Common Stock 900 Prepaid Expenses 12 Cost of Goods Sold 990 Retained Earnings, 1 1 17 1,600 Current portion of Long term debt 450 Revenues 4,600 Depreciation Expense 335 Selling Expenses 210 Dividends 325 Short term investments 1,200 Equipment, net of accumulated depreciation 1,220 Wages Expense 700 Income Tax Expense 165 Wages Payable 222 Income Taxes Payable 135 What amount would appear as total revenue, total expenses, and net income on the 2017 income statement What amount would appear as ending retained earnings on the 2017 retained earnings statement What amount would appear as total current assets, total property, plant and equipment, total intangible assets, total assets, total current liabilities, total long time liabilities, common stock, retained earnings, and Total Stockholders' Equity on the December 31, 2017 balance sheet

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Posted on Sep 13, 2024

The following information applies on December 31, 2017 for Rappy Corporation: Accounts Payable 834 Interest Expense 400 Accounts Receivable 810 Inventories 967 Buiilding, net of

The following information applies on December 31, 2017 for Rappy Corporation:

Accounts Payable	834	Interest Expense	400
Accounts Receivable	810	Inventories	967
Buiilding, net of accumulated depreciation	1,537	Land	2,100

Cash	1,270	Long-term Debt	3,500
Common Stock	900	Prepaid Expenses	12
Cost of Goods Sold	990	Retained Earnings, 1/1/17	1,600
Current portion of Long-term debt	450	Revenues	4,600
Depreciation Expense	335	Selling Expenses	210
Dividends	325	Short-term investments	1,200
Equipment, net of accumulated depreciation	1,220	Wages Expense	700
Income Tax Expense	165	Wages Payable	222
Income Taxes Payable	135

What amount would appear as total revenue, total expenses, and net income on the 2017 income statement?

What amount would appear as ending retained earnings on the 2017 retained earnings statement?

What amount would appear as total current assets, total property, plant and equipment, total intangible assets, total assets, total current liabilities, total long time liabilities, common stock, retained earnings, and Total Stockholders' Equity on the December 31, 2017 balance sheet?