ACC201DQ1 - d. Wage expense = 3,000 + 10,000 - 5,000 =...

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P 2-11 Part 1 a. Sales revenue = 3,000 + 80,000 - 10,000 = $73,000 b. Cost of goods sold = 7,000 + 63,000 - 6,000 = $64,000 c. Insurance expense = 5,000 + 5,000 - 7,500 = $2,500
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Unformatted text preview: d. Wage expense = 3,000 + 10,000 - 5,000 = $8,000 Part 2 Accounts receivable 73,000 Sales revenue 73,000 Cost of goods sold 64,000 Inventory 64,000...
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