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The following information applies to the questions displayed below] Pastina Company sells various types of pasta to grocery chains as private label brands. The
The following information applies to the questions displayed below] Pastina Company sells various types of pasta to grocery chains as private label brands. The company's reporting year-end is December 31. The ursadjusted trial balance as of December 31, 2021. appears below Cash Accounts receivable Supplies 1,500 Inventory Notes receivable Interest receivable 30,000 e 2,000 Office 5,000 accumulated depreciation Accounts payable 30,000 11,000 Salaries payable Mites payable 50,000 Interest payable Deferred sales reve Common stock Retained earnings Dividends Sales revenue Interest revenue 3,000 28,500 140,000 Cost of goods s 70,000 18,900 13,000 Depreciation expense Insurance en Advertising expe Totals 3,000 347,500 347,500
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