Solved – Hampton Company reports the following
Hampton Company reports the following information for its recent calendar year. Income Statement Data Selected Year-End Balance Sheet Data Sales $ 72,000 Accounts receivable increase $ 8,000 Expenses: Inventory decrease 4,000 Cost of goods sold 42,000 Salaries payable increase 700 Salaries expense 11,000 Depreciation expense 8,000 Net income […]