Prepare statement of changes in equity with the below Sunland Grove Hardware has the following balances in
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Sunland Grove Hardware has the following balances in the company ledgers for the year ending December 3 $80,000 Interest Expense $3,300 $9.200 $19,700 $14.000 $48.200 $19.400 Depreciation expense $596,000 $11,700 $95,700 $303,700 $12,000 $40,600 Mortgage Payable Prepaid Insurance Short-term investments Common Shares Cash Advertising Accounts Receivable Sales revenue Accounts Payable Buildings (Net) Cost of Goods Sold Note Payable (due in 9 months) Retained Earnings (Beg Bal-Jan 1) Land Office salaries Sales Salaries Supplies expense Insurance expense Income tax expense Dividend Payments Interest Income Inventory $12,100 $23,800 $71.100 $96.500 $18.700 $6,500 $15,100 $7,300 $6,800 $11,000 $19.600 Sunland Grove Hardware has the following balances in the company ledgers for the year ending December 3 $80,000 Interest Expense $3,300 $9.200 $19,700 $14.000 $48.200 $19.400 Depreciation expense $596,000 $11,700 $95,700 $303,700 $12,000 $40,600 Mortgage Payable Prepaid Insurance Short-term investments Common Shares Cash Advertising Accounts Receivable Sales revenue Accounts Payable Buildings (Net) Cost of Goods Sold Note Payable (due in 9 months) Retained Earnings (Beg Bal-Jan 1) Land Office salaries Sales Salaries Supplies expense Insurance expense Income tax expense Dividend Payments Interest Income Inventory $12,100 $23,800 $71.100 $96.500 $18.700 $6,500 $15,100 $7,300 $6,800 $11,000 $19.600
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Statement of Changes in Equity For the Period Ended amount in Retained Earnings Beginning Ba... View the full answer
Related Book For
Accounting Business Reporting For Decision Making
ISBN: 9780730302414
4th Edition
Authors: Jacqueline Birt, Keryn Chalmers, Albie Brooks, Suzanne Byrne, Judy Oliver
Posted Date:
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