Name: Part a) Complete the missing items in Table 1 Table 1 Beginning and End of...

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Name: Part a) Complete the missing items in Table 1 Table 1 Beginning and End of the year balances (4 points) End of Year Beginning of Year Increase (Decrease) Accounts receivable (net) 70,000 63,000 7,000 Inventories 95,000 120,000 (25,000) Prepaid expenses 4,500 4,000 500 Accounts payable 63,000 55,000 8,000 (merchandise creditors) Salaries payable 5,000 6,500 (1,500) Dividends payable 4,500 6,500 (2,000) Name: Part a) Complete the missing items in Table 1 Table 1 Beginning and End of the year balances (4 points) End of Year Beginning of Year Increase (Decrease) Accounts receivable (net) 70,000 63,000 7,000 Inventories 95,000 120,000 (25,000) Prepaid expenses 4,500 4,000 500 Accounts payable 63,000 55,000 8,000 (merchandise creditors) Salaries payable 5,000 6,500 (1,500) Dividends payable 4,500 6,500 (2,000)