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2 years ago

The following information is taken from the 2022 general ledger of Sunland Company.

Business

1 answer:

kaheart [24]2 years ago

7 0

Answer:

Prepaid Rent - Dec 31 $12,580

Rent Expenses $51,000

Less: Prepaid rent Jan 1 <u> $10,030</u>

Cash payment for Rent <u>$53,550</u>

Salaries & Wages payable - Dec 31 $13,600

Salaries & Wage expense $91,800

Less: Salaries & wages payable Jan 1 <u>$13,400</u>

Cash payment for Salaries <u>$92,000</u>

Accounts receivables - Jan 1 $27,200

Sales revenue $272,000

Less: Accounts receivables, Dec 31 <u>$11,900</u>

Cash receipts from customer <u>$287,300</u>

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3 years ago

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The correct answer is Passive or Interactive.

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1 year ago

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