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These financial statement items are for Snyder Corporation at year-end, July 31, 2017. Salaries payable $2,580 Salaries expense 48,700 Utilities expense 22,600 Equipment 21,000 Accounts

These financial statement items are for Snyder Corporation at year-end, July 31, 2017.

Salaries payable

$2,580

Salaries expense

48,700

Utilities expense

22,600

Equipment

21,000

Accounts payable

4,100

Commission revenue

61,100

Rent revenue

8,500

Long-term note payable

1,800

Common stock

16,000

Cash

24,200

Accounts receivable

9,780

Accumulated depreciation

6,000

Dividends

5,000

Depreciation expense

4,000

Retained earnings (beginning of the year)

35,200

Instructions

Fill in the appropriate amounts to the questions in the answer box below. BE SURE TO SHOW YOUR CALCULATIONS otherwise there is no way to give you partial credit. BE SURE to label each of your answers so I can tell which part you are answering.

a. Total current assets

b. Total Property Plant and Equipment

c, Total Assets

d. Total Current Liabilities

e. Total Long Term Liabilities

f. Total Liabilities

g. Ending Retained Earnings

h. Total Stockholders Equity

i. Total Revenues

j. Total Expenses

k. Net Income

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