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The following information is provided for Restoration, Inc. at December 31, 2016: Monthly Account Balances (in thousands of dollars) Accounts payable Accounts receivable Accrued wages
The following information is provided for Restoration, Inc. at December 31, 2016: Monthly Account Balances (in thousands of dollars) Accounts payable Accounts receivable Accrued wages payable Cash Common stock Dividends payable Interest payable Interest receivable Investments Land Long-term notes payable (due June 15, 2018) Prepaid expenses Other noncurrent assets Plant and equipment Retained earnings Short-term notes payable Supplies Balance $ 7,750 6,440 3,600 20,000 14,600 1,500 1,100 50 2,660 5,000 4,000 1,800 800 15,200 10,400 11,000 2,000
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