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The following items and amounts were taken fromSunland Company's 2017 income statement and balance sheet. Cash$93,300Retained earnings123,000Cost of goods sold437,600Salaries and wages expense116,200Prepaid insurance7,900Inventory64,000Accounts receivable88,300Sales
The following items and amounts were taken fromSunland Company's 2017 income statement and balance sheet.
Cash$93,300Retained earnings123,000Cost of goods sold437,600Salaries and wages expense116,200Prepaid insurance7,900Inventory64,000Accounts receivable88,300Sales revenue585,200Notes payable6,300Accounts payable52,400Service revenue4,800Interest expense1,790
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