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What is Gross Profit for the period ending December 31, 2017? What is Operating Income for the period ending December 31, 2017? What is Ending

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What is Gross Profit for the period ending December 31, 2017?

What is Operating Income for the period ending December 31, 2017?

What is Ending Reained Earnings as of December 31, 2017?

What is Net Accounts Receivable as of December 31, 2017?

What is Total Current Assets as of December 31, 2017?

What is Total Liabilities and Stockholders' Equity as of December 31, 2017?

Frank, Inc. December 31, 2017 Adjusted Trial balance Debit Credit Cash 48,000 Accounts Receivable 38,900 Allowance for Doubtful Accounts 2,000 Short Term Note Receivable 50,000 Interest Receivable 1,350 Supplies 5,000 Prepaid Insurance 52,000 Inventory 6,500 Vehicle 16,000 Equipment 37,000 Accumulated Depreciation 12,000 Accounts Payable 28,000 Unearned Revenue 14,000 Wages Payable 2,000 Long-Term Notes Payable 55,000 Common Stock 114,000 Retained Earnings (1/1/2017) 2,500 Dividends 2,000 Sales 519,500 Sales Returns & Allowances 13,000 Sales Discounts 3,000 Cost of Goods Sold 59,500 Delivery Expense 5,000 Depreciation Expense 19,000 Bad Debt Expense 2,600 Rent Expense 102,000 Insurance Expense 25,000 Wages Expense 195,000 Supplies Expense 16,000 Interest Revenue 1,350 Loss on Disposal 7,000 Interest Expense 2,500 Income Tax Expense 44,000 Total 750,350 | 750,350

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