Chapter 4, Problem 43P (1 Bookmark) Show all steps: (IND Post a que Post a ques Answers from ou homework quest Problenm Enter questi Rockwell Wholesalers, Inc. has just completed its fourth year of business in 20X1. A set of financial statements was prepared by the principal stockholder's eldest child, a college student who is beginning the third week of an accounting course. Following is a list (in no systematic order) of the items appearing in the student's balance sheet, income statement and the retained earnings column of the statement of stockholders' equity: CON Accounts receivable $183,100 Advertising expense $ 97,300 My Textbo Note receivable 36,000 Cost of goods sold 590,000 Merchandise inventory 201,900 Unearned rent revenue 4,800 Introduction to Financial.. 11th Edition Cash 9300 | 620,000 Unexpired insurance 2,300 00,000 Accounts payable Insurance expense 3,500 (13) Paid-in capital View all solutions Building 52,500 Chegg tut right now Accumulated depreciation, Interest expense 500 Building 20,000 Telephone expense 20,000