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The following items and amounts were taken from Swifty Corporations 2017 income statement and balance sheet. Cash $ 94,000 Retained earnings 122,300 Cost of goods
The following items and amounts were taken from Swifty Corporations 2017 income statement and balance sheet.
Cash | $ 94,000 | |
Retained earnings | 122,300 | |
Cost of goods sold | 437,100 | |
Salaries and wages expense | 116,200 | |
Prepaid insurance | 7,900 | |
Inventory | 64,400 | |
Accounts receivable | 89,200 | |
Sales revenue | 582,500 | |
Notes payable | 6,500 | |
Accounts payable | 56,200 | |
Service revenue | 5,300 | |
Interest expense | 1,830 |
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