What would a partial monthly balance sheet for this company be?

Accounts Receivable $275,000

Advertising Expenses 54,000

Cash 260,000

Depreciation – Factory Equipment 16,800

Depreciation – Office Equipment 2,400

Direct Labor 42,000

Factory Supplies Used 16,800

Factory Utilities 10,200

Finished Goods Inventory, November 30 68,800

Finished Goods Inventory, October 31 72,550

Indirect Labor 8,000

Office Supplies Expense 1,600

Other Administrative Expenses 72,000

Prepaid Expenses 41,250

Raw Materials Inventory, November 30 52,700

Raw Materials Inventory, October 31 38,000

Raw Materials Purchases 184,500

Rent – Factory Equipment 47,000

Repairs - Factory Equipment 4,500

Salaries 325,000

Sales Revenue 1,350,000

Sales Commissions 40,500

Work in Process Inventory, October 31 52,700

Work in Process Inventory, November 30 42,000

Answer rating: 100% (QA)

solution Balance Sheet Partial Current ass... View the full answer