Dunder Mifflin Inc account balances at December 31, 2021: (N…
Dunder Mifflin Inc account balances at December 31, 2021: (Note- Retained Earnings is correct as of this date.) Revenue $650,000 Cash $25,000 Accounts Receivable 75,000 Selling Expenses 440,000 Equipment 300,000 Unearned Revenue 45,000 Accounts Payable 30,000 Interest Revenue 30,000 Salaries & Wages Expense 210,000 Advertising Expense 51,000 Supplies 15,000 Prepaid Insurance 40,000 Wages Payable 125,000 Income Taxes Expense 180,000 Notes Payable 35,000 Retained Earnings 12/31/21 85,000 Accumulated Depreciation (Equip) 60,000 Depreciation Expense 2,000 Wages Expense 10,000 Common Stock 75,000 Prepare a Balance Sheet for December 31, 2021