Revenue 50272 Cost of goods sold 37523 Selling expenses 10325 Beginning Retained earnings 6372 Inventory 5897 Accounts payable 4894 Fixtures and equipment 4701 Accounts Receivable 2348 Accrued liabilities 1471 Cash 1125 Prepaid Expenses 1103 Capital stock 920 Income tax expense 803 Land and buildings 766 Long-term debt 711 Interest expense 687 Short-term debt 557 Salaries payable 256 Dividends paid 150 Utilities expense 25

Revenue 50272 Cost of goods sold 37523 Selling expenses 10325 Beginning Retained earnings 6372 Inventory 5897 Accounts payable 4894 Fixtures and equipment 4701 Accounts Receivable 2348 Accrued liabilities 1471 Cash 1125 Prepaid Expenses 1103 Capital stock 920 Income tax expense 803 Land and buildings 766 Long-term debt 711 Interest expense 687 Short-term debt 557 Salaries payable 256 Dividends paid 150 Utilities expense 25

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter2: Introduction To Financial Statements

Section: Chapter Questions

Problem 1PB: The following information is taken from the records of Rosebloom Flowers for the year 2019. A....

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