The balances of accounts for Rose Merchandising Company for year ended December 31, 2017 in alphabetic order. Rose Company is subject to 25% income taxes. How would the following be put into an income statement, statement of retained earnings, and balance sheetAccounts payable $128Accounts receivable $81accumulated depreciation-building $150accumulated depreciation- equipment $78building $3,450cash $180common stock $3,000cost of goods sold $550depreciation expense $145dividends paid during the year $45equipment $400loss of dispostion of Mexico plant-pre-tax $40income taxes payable $26interest expense $20interest revenue $35land $160long-term investment $120merchandise inventory $120notes payable (5 year note) $350retained earnings, as of jan 1st $594salaries and wages expense $410salaries and wages payable $20sales revenue $1,600supplies $30supplies expense $60utilities expense $90
Recent Comments