Question
Windsor, Inc. compiled the following financial information as of December 31, 2022: Service revenue $ 1125000 Common stock 245000 Equipment 317000 Salaries and wages expense
Windsor, Inc. compiled the following financial information as of December 31, 2022:
Service revenue | $1125000 |
Common stock | 245000 |
Equipment | 317000 |
Salaries and wages expense | 374800 |
Rent expense | 93700 |
Depreciation expense | 468500 |
Cash | 281000 |
Dividends | 80000 |
Supplies | 38000 |
Accounts payable | 158000 |
Accounts receivable | 110000 |
Retained earnings, 1/1/22 | 559000 |
Windsor's total stockholders’ equity at December 31, 2022 is:
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Survey of Accounting
Authors: Thomas P. Edmonds, Frances M. McNair, Philip R. Olds, Bor Yi
3rd Edition
978-1259683794, 77490835, 1259683796, 9780077490836, 978-0078110856
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