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Wildhorse grove hardware statement of income Wildhorse Grove Hardware has the following balances in the company ledgers for the year ending December 31: Mortgage Payable

Wildhorse grove hardware statement of income

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Wildhorse Grove Hardware has the following balances in the company ledgers for the year ending December 31: Mortgage Payable $85.800 Interest Expense $8.400 Prepaid Insurance $3.100 Land $22.500 Short-term investments $2.300 Office salaries $72,600 Common Shares $14.500 Sales Salaries $105.000 Cash $2.900 Supplies expense $24.100 Advertising $50.000 Insurance expense $9.100 Accounts Receivable $14.300 Depreciation expense $21.500 Sales revenue $601.400 Income tax expense $10.600 Accounts Payable $16.200 Dividend Payments $14,700 Buildings (Net) $100.400 Interest Income $11.900 Cost of Goods Sold $299.900 Inventory $20.300 Note Payable (due in 9 months) $7.700

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