P1-5A Cornhusker Company provides the following information at the end of 2021. Cash remaining $4,800 Rent expense for the year 7,000 Land that has been purchased 21,000 Retained earnings 12,400 Utility expense for the year 4,900 Accounts receivable from customers 7,200 Service revenue recognized during the year 37,000 Salary expense for the year 13,300 Accounts payable to suppliers 2,200 Dividends paid to shareholders during the year 3,200 Common stock that has been issued prior to 2021 16,000 Salaries owed at the end of the year 2,400 Insurance expense for the year 3,500 Retained earnings at the beginning of the year 7,300

P1-5A Cornhusker Company provides the following information at the end of 2021. Cash remaining $4,800 Rent expense for the year 7,000 Land that has been purchased 21,000 Retained earnings 12,400 Utility expense for the year 4,900 Accounts receivable from customers 7,200 Service revenue recognized during the year 37,000 Salary expense for the year 13,300 Accounts payable to suppliers 2,200 Dividends paid to shareholders during the year 3,200 Common stock that has been issued prior to 2021 16,000 Salaries owed at the end of the year 2,400 Insurance expense for the year 3,500 Retained earnings at the beginning of the year 7,300

Quickbooks Online Accounting

3rd Edition

ISBN:9780357391693

Author:Owen

Publisher:Owen

Chapter5: Operating Activities: Purchases And Cash Payments

Section: Chapter Questions

Problem 2.1C

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