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View Policies Current Attempt in Progress On April 15, 2021, fire damaged the office and warehouse of Splish Corporation. The only accounting record saved
View Policies Current Attempt in Progress On April 15, 2021, fire damaged the office and warehouse of Splish Corporation. The only accounting record saved was the general ledger, from which the balance sheet data below was prepared. SPLISH CORPORATION MARCH 31, 2021 Cash $21,130 Accounts receivable 43,910 Inventory, December 31, 2020 69,020 Land 33,550 Buildings 110,370 Accumulated depreciation $40,189 Equipment 3,848 Accounts payable Other accrued expenses Common stock 24,887 2,706 99,400 Retained earnings 48,130 Sales revenue 140,050 Purchases 48,130 Miscellaneous expense 25,404 $355,362 $355,362
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