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These items are taken from the financial statements of Wildhorse Co. for 2022. Retained earnings (beginning of year) $33,820 Utilities expense 2,160 Equipment 63,900 Accounts
These items are taken from the financial statements of Wildhorse Co. for 2022.
Retained earnings (beginning of year) | $33,820 | |
Utilities expense | 2,160 | |
Equipment | 63,900 | |
Accounts payable | 16,060 | |
Cash | 13,950 | |
Salaries and wages payable | 5,910 | |
Common stock | 23,500 | |
Dividends | 12,000 | |
Supplies | 3,900 | |
Debt investment (long-term) | 5,800 | |
Trademarks | 2,400 | |
Service revenue | 71,100 | |
Prepaid insurance | 6,410 | |
Maintenance and repairs expense | 1,640 | |
Depreciation expense | 3,330 | |
Accounts receivable | 13,630 | |
Insurance expense | 2,470 | |
Salaries and wages expense | 40,250 | |
Accumulated depreciationequipment | 21,450 |
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