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The following is a listing of some of the balance sheet accounts and all of the income statement accounts for Northview Company as they appear
The following is a listing of some of the balance sheet accounts and all of the income statement accounts for Northview Company as they appear on the companys adjusted trial balance.
Accounts Payable | $11,000 |
---|---|
Accounts Receivable | 21,000 |
Inventory | 22,000 |
Advertising Expense | 17,000 |
Cost of Goods Sold | 129,000 |
Delivery Expense | 7,000 |
Income Tax Expense | 3,900 |
Insurance Expense | 1,000 |
Rent Expense | 16,000 |
Sales Revenue | 260,000 |
Sales Discounts | 10,000 |
Sales Returns & Allowances | 34,000 |
Net income would be:
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