The adjusted trial balances of Patterson Corporation at August 31, 2021, and August 31, 2020, include these
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The adjusted trial balances of Patterson Corporation at August 31, 2021, and August 31, 2020, include these amounts (in millions):
Patterson Corporation completed these transactions (in millions) during the year ended August 31, 2021.
Calculate the amount of sales revenue, insurance expense, and other operating expenses to report on the income statement for the year ended August 31, 2021. Assume all sales are on account.
Transcribed Image Text:
Accounts receivable. Prepaid insurance..... Accrued liabilities payable (for other operating expenses)..... 2021 $430 330 710 2020 $210 400 640
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