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The following Information was taken from the accounts of Green Market, a delicatessen, at December 31, Year 2. The accounts are listed in alphabetical
The following Information was taken from the accounts of Green Market, a delicatessen, at December 31, Year 2. The accounts are listed in alphabetical order, and each has a normal balance. Accounts payable Accounts receivable Advertising expense Cash Common stock $ 610 410 200 420 210 Cost of goods sold 700 Interest expense 60 Merchandise inventory 350 Prepaid rent 50 Retained earnings, 1/1/Year 2 645 Sales revenue 1,100 Salaries expense 230 Rent expense 100 Gain on sale of land 45
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