Sales 800000 cost of goods sold 300000 accounts recievable, Ask an Expert

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Sales 800,000; Cost of goods sold 300,000; accounts recievable 20,000; bonds outstanding 160,000; accounts payable 20,000; advertising expense 1,000; administrative expense 35,000; interest expense 24,000; depreciation 40,000; dividends paid 137,000; rent expense 5,000; accurals 20,000; common stock 100,000; retained earnings 245,000; cash 20,000; inventory 45,000; net fixed assets 600,000 . assume a 40% tax bracket

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9955460

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