W Barbosa fin400 mod 6

W Barbosa fin400 mod 6 - supplies 4400 accounts payable...

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Coopertown Suppliers, Inc. Coopertown Suppliers, Inc. service fees $475,000 rent revenue 5000 $480,000.00 salaries expense 340600 depreciation expense 25100 supplies expense 10950 insurance expense 3000 miscellaneous selling and admin expense 30850 utilities expense 5100 415600 Net Income $64,400.00 Statement of Retained Earnings Begaining Retained Earnings $427,600 Net Income $64,400 Assets Dvidends 25000 $39,400.00 Ending Retained Earnings. $467,000.00 cash $12,950 accounts receivable 28150 Liabilities and stock holder equity
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Unformatted text preview: supplies 4400 accounts payable $33,300 prepaid insurance 9500 salaries payable 3300 Total Curreent Assets $55,000 Total current liabilities $36,600 land 100000 Stockholder equity buildings 360000 common stock $1,500 equipment 260000 Retained earnings $467,000.00 accumulated depreciation - equipment 269900 $468,500.00 Total property plant and equipment 450100 Total Assets $505,100 Total Liabilities and stockholder equity $505,100.00...
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