On december 1, 2014, westmoreland company had the following account
On December 1, 2014, Westmoreland Company had the following account balances. Debit Credit Cash $18,200 Accumulated Depreciation Equipment $3,000 Notes receivable 2,000 Accounts payable 6,100 Accounts receivable 7,200 Common stock 50,000 Inventory 16,000 Retained earnings 14,200 Prepaid insurance 1,600 Equipment 28,000 $73,300 $73,300 During December, the company completed the following transactions. Dec. 7 Received […]
