Sheridan Ltd had the following transactions in its first month of operations:
Issued common shares in exchange for $ cash.
Took out a $ loan from the bank.
Paid $ to purchase inventory.
Equipment costing $ was purchased for $ cash, with the balance on account.
Made sales of $ to customers, with $ being cash sales and the balance on account.
The cost of the inventory sold to customers was $
Paid employee wages totalling $
Operating expenses of $ were paid during the month.
Deprecation of $ was recorded for the month.
Dividends of $ were declared and paid during the month.
Calculate the following amounts for the month: Enter loss using either a negative sign preceding the number eg or parentheses eg
i Sales revenue
$
ii Cost of goods sold
$
iii. Total expenses other than cost of goods sold
$
iv Net Income or Loss
$
