antioch company makes ebook readers. the company had the following amounts at the beginning of year 2: cash, $677,000; raw materials inventory, $55,000; work in process inventory, $25,000; finished goods inventory, $46,000; common stock, $589,000; and retained earnings, $214,000. antioch experienced the following accounting events during year 2. other than the adjusting entries for depreciation, assume that all transactions are cash transactions.

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07-09-2022
Business

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antioch company makes ebook readers. the company had the following amounts at the beginning of year 2: cash, $677,000; raw materials inventory, $55,000; work in process inventory, $25,000; finished goods inventory, $46,000; common stock, $589,000; and retained earnings, $214,000. antioch experienced the following accounting events during year 2. other than the adjusting entries for depreciation, assume that all transactions are cash transactions.

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