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You are provided with the following information for Lazuris Enterprises, effective as of its April 30, 2022 year-end. Accounts payable $ 834 Accounts receivable 810
You are provided with the following information for Lazuris Enterprises, effective as of its April 30, 2022 year-end. Accounts payable $ 834 Accounts receivable 810 Accumulated depreciation-equipment 670 Cash 1,270 Common stock 16,900 Cost of goods sold 1,060 Depreciation expense 335 Dividends 325 2.420 Equipment Goodwill 1,800 Income tax expense 165 Income taxes payable 135 Insurance expense 210 Interest expense 400 Inventory 967 Investment in land 14,200 Land 3.100 Mortgage payable (long-term 3,500 61 60 Notes payable (short-term) (- Prepaid insurance Retained earnings (beginning) Salaries and wages expense Salaries and wages payable 1,600 700 222 Sales revenue 5,100 Stock investments (short-term) 1,200 Revenues + Sales Revenue 5100 Expenses . Depreciation Expense 335 Income Tax Expense 165 Insurance Expense 210 Interest Expense 400 Salaries and Wastes Expenso 700 Total Expenses Net Income /(Loss)
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