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The following items and amounts were taken from L. Lumberjack Inc's 20XX Financial Statements Cash $90,800 Accounts Receivable Retained Earnings 124,300 Sales Revenue Cost
The following items and amounts were taken from L. Lumberjack Inc's 20XX Financial Statements Cash $90,800 Accounts Receivable Retained Earnings 124,300 Sales Revenue Cost of Goods Sold 436,400 Notes Payable Salaries and Wages Expense 118,600 Accounts Payable Prepaid Insurance 8,100 Service Revenue. Inventory 65,000 Interest Expense Dividends 0 Common Stock 5,000 Dividends Payable 29,470 1 2 3 4 5 6 7 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 55 34 35 36 $91,000 590,200 6,500 56,400 4,900 1,870 5,000 Prepare a balance sheet for L. Lumberjack Inc for the year ended December 31, 20XX. NOTE: Use ending retained earnings from Q4 to complete this F/S L. Lumberjack Inc.
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