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These financial statement items are for Fairview Corporation at year-end, July 31, 2022. Salaries and wages payable $2,080 Salaries and wages expense 57,500 Supplies
These financial statement items are for Fairview Corporation at year-end, July 31, 2022. Salaries and wages payable $2,080 Salaries and wages expense 57,500 Supplies expense 15,600 Equipment 18,500 Accounts payable 4,100 Service revenue 66,100 Rent revenue 8,500 Notes payable (due in 2025) 1,800 Common stock 16,000 Cash 29,200 Accounts receivable 9,780 Accumulated depreciation-equipment 6,000 Dividends 4,000 Depreciation expense 4,000 Retained earnings (beginning of the year) 34,000
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