T-accounts for RAM Technology, Inc., are shown below.

1. Analyze these accounts and detail the appropriate journal entries that must have been made by RAM Technology, Inc. (Omit explanations.) 2. Determine the amount of net income/loss from the account information.

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Cash Accounts Receivable (a) 100,000 (b) 45,000 (e) 30,000 (i) 15,000 (d) (c) 50,000 (d) 5,000 (e) 25,000 (f) 20,000 (i) 15,000 (g) 53,500 (h) 30,000 Building (b) 150,000 Accounts Payable (h) 30,000 (d) 30,000 Inventory 35,000 (e) 30,000 Mortgage Payable (b) 105,000 Notes Payable Capital Stock Sales Revenue (g) 50,000 (c) 50,000 (a) 100,000 (e) 55,000 Cost of Goods Sold (e) 30,000 Interest Expense Wages Expense (g) 3,500 (f) 20,000