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The following information was taken from the accounts of Super Foods Market, a small grocery store at December 31, 2013. The accounts are listed in alphabetical order, and all have normal balances. Dollar amounts are given in thousands.
Accounts payable .............$ 600Accounts receivable .............$ 2,080Advertising expense .............$ 400Cash .................$ 1,640Common stock .............$ 1,200Cost of goods sold .............$ 1,800Interest expense ..............$ 280Merchandise inventory ..........$ 1,000Prepaid rent ...............$ 560Retained earnings, 1/1/2013 ........$ 1,950Sales revenue ...............$ 4,800Salaries expense ..............$ 520Rent expense ..............$ 420Gain on sale of land ............$ 150
Required:
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