These financial statement items are for A1 Auto Supply Corporation at year-end, July 31, 2025. Salaries and wages payable $2,530 Salaries and wages expense 50,800 Utilities expense 22,700 Equipment 21,800 Accounts payable 5,500 Service revenue 61,300 Rent revenue 8,500 Notes payable (due 2027) 1,800 Common stock 18,000 Cash 22,400 Accounts receivable 12,720 Accumulated depreciation-equipment 5,500 Dividends 6,400 Depreciation expense 3,900
These financial statement items are for A1 Auto Supply Corporation at year-end, July 31, 2025. Salaries and wages payable $2,530 Salaries and wages expense 50,800 Utilities expense 22,700 Equipment 21,800 Accounts payable 5,500 Service revenue 61,300 Rent revenue 8,500 Notes payable (due 2027) 1,800 Common stock 18,000 Cash 22,400 Accounts receivable 12,720 Accumulated depreciation-equipment 5,500 Dividends 6,400 Depreciation expense 3,900
Chapter1: Financial Statements And Business Decisions
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