WATERWAYS CORPORATION

A partial list of Waterways' accounts and their balances for the month of November follows.

Accounts Receivable

Advertising Expenses

Cash

Depreciation Expense$-$Factory Equipment $,16,900$

Depreciation Expense$-$Office Equipment $,2,400$

Direct Labor

Factory Supplies Used

FactoryUtilities

Finished Goods Inventory, November $30$

Finished Goods Inventory, October $31$

Indirect Labor

Office Supplies Expense

Other Administrative Expenses

Prepaid Expenses

Raw Materials Inventory, November $30$

Raw Materials Inventory, October $31$

Raw Materials Purchases

Rent$-$Factory Equipment

Repairs$-$Factory Equipment

Office Salaries

Sales Revenue

Sales Commissions

Work In Process Inventory October $31$

Work In Process Inventory, November $30$

Work In Process Inventory, November $30$

$42,100$

Income Statement

For the Month of November, $2022$

Finished Goods Inventory, $10/31$

Cost of Goods Sold

Gerect Profit

Administrative Expenses

Office Supplies Expense

Other Administrative Expenses

Total Administrative Expenses

Total Administrative Expenses

Total Operating Expenses

$4,400$

$325,300$

$1,346,400$

$40,200$

$52,600$