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Use the following information for the next 4 questions. Carter Hardware has the following selected account balances at the end of 2018 (except for
Use the following information for the next 4 questions. Carter Hardware has the following selected account balances at the end of 2018 (except for retained earnings). LAccounts payable 18 Accounts receivable 20- L Accumulated depreciation 42 Advertising expense 68 Building 310 Common stock 250- Land Cash Dividends L Depreciation expense Interest expense Interest payable Income tax expense L Income tax payable Merchandise inventory L Notes payable, due 2020 7- 11 14 12 3 8 1 76 11- 120 Office furniture L Prepaid rent Rent expense Salary expense Sales revenue 19- 24 36 Retained earnings, 12/31/17 18- 104 353- Supplies L Supplies Expense L Wage expense L Wages payable 15- 10 87 2
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