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! Pequired information [The following information applics to the questions displayed below] Galden...

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Accounting

!
Pequired information
[The following information applics to the questions displayed below]
Galden Corpis current year income statement, comparative balance sheets, and additional information follow. For the
year, (1) all zalea are credit sales, (2) all credits to Accounts Recelvable refiect cash recelpts from customers, (3) all
purchases of Inventory are an credit, (4) all debits to Accounts Payable refiect cash payments for Inventory, (5) Other
Expenase are all cash expenses, and (6) any change inincome Taxes Payable refiects the accrual and cash payment of
twixes.
Requited:
inditated with a mitrus signti.)
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