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Wolfpack Company is a merchandising company that is preparing a budget for the month of July. It has provided the following information: Wolfpack Company Balance

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Wolfpack Company is a merchandising company that is preparing a budget for the month of July. It has provided the following information: Wolfpack Company Balance Sheet June 30 Assets Cash Accounts receivable Inventory Buildings and equipment, net of depreciation Total assets $ 78,400 65,800 35,200 214,000 393,400 Liabilities and Stockholders' Equity Accounts payable Retained earnings $ 60,400 333,000 $393,400 Total liabilities and stockholders' equity

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