The following is the Easton Company adjusted Trial Balance. Easton Company Adjusted Trial Balance December...
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Accounting
The following is the Easton Company adjusted Trial Balance. Easton Company Adjusted Trial Balance December 31, 2020 Account Title Debit Credit Cash $88,665 Accounts Receivable 232,400 Supplies 17,000 Merchandise Inventory 100,000 Equipment 295,000 Accumulated Depreciation $124,260 Accounts Payable 172,555 Capital Stock 220,000 Retained Earnings 127,145 Dividends 9,000 Net Sales 886,027 Cost of Goods Sold 375,000 Rent Expense 89,500 Wages Expense 154,000 Supplies Expense 12,000 Utilities Expense 8,000 Depreciation Expense 150,000 ________ Totals $1,530,565 $1,530,565 Use this information to determine: Total Revenue Gross Profit Total Expense Net Income Profit Margin (show as a whole number - no % sign or decimal)
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