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Vocabulary Applies to dropdown boxes These financial statement items are for Rugen Company at year-end, July 31, 2021. Salaries and wages payable Salaries and wages

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image text in transcribed Vocabulary Applies to dropdown boxes
These financial statement items are for Rugen Company at year-end, July 31, 2021. Salaries and wages payable Salaries and wages expense Utilities expense Equipment Accounts payable Service revenue Rent revenue Common Stock $2,980 45,700 21,100 38,000 4,100 57,200 6,500 20,000 Notes payable (long-term) Cash Accounts receivable Accumulated depreciation-equipment Dividends Depreciation expense Retained Earnings (Aug. 1, 2020) $3,000 5,200 9,780 6,000 4,000 4,000 28,000 Balance Sheet July 31, 2021 Assets Current Assets Cash $ Accounts Receivable Total Current Assets $ Property, Plant and Equipment Equipment Less Accumulated Depreciation Equipment Total Assets $ Liabilities and Stockholders' Fruity Liabilities and Stockholders' Equity $ $ Current Assets Current Liabilities Intangible Assets Long-term Investments Long-term Liabilities Property, Plant and Equipment Stockholders' Equity Total Assets Total Current Assets Total Current Liabilities Total Intangible Assets Total Liabilities Total Liabilities and Stockholders' Equity Total Long-term Investments Total Long-term Liabilities Total Property, Plant and Equipment Total Stockholders' Equity

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