Business, 24.06.2020 18:01 kayla6653

Adjusted Trail Balance Account Title Dr. Cr.
Cash 15,520
Accounts Receivable 33,790
Supplies 5,280
Prepaid Insurance 11,400
Land 120,000
Buildings 432,000
Accumulated Depreciation-Buildings 140,700
Equipment 312,000
Accumulated Depreciation-Equipment 183,200
Accounts Payable 39,970
Salaries Payable 3,960
Unearned Rent 1,800
Nicole Gorman, Capital 512,990
Nicole Gorman, Drawing 30,000
Service Fees 569,980
Rent Revenue 6,020
Salaries Expense 408,620
Depreciation ExpenseâEquipment 22,200
Rent Expense 18,600
Supplies Expense 13,150
Utilities Expense 11,880
Depreciation ExpenseâBuildings 7,920
Repairs Expense 6,550
Insurance Expense 3,590
Miscellaneous Expense 6,120
1,458,620 1,458,620

Required:
Prepare an income statment.

Answers: 3

Show answers

Another question on Business

Business, 22.06.2019 07:30

Read the following scenario and answer the question in 5-10 sentences. you are the owner of a small business that is a defendant in a lawsuit in federal court. you received bad news from your lawyer that the judge did not allow certain documents to be admitted as evidence in court and that the jury reached a $50,000 verdict in favor of the plaintiff. your lawyer tells you that it is within your legal right to hire him to file an appeal with the united states court of appeals. if the appellate court rules in your favor, you may be able to avoid paying part or all of the $50,000. evaluate your lawyer’s suggestion about appealing the decision.

Answers: 1

Answer

Business, 22.06.2019 10:20

The different concepts in the architecture operating model are aligned with how the business chooses to integrate and standardize with an enterprise solution. in the the technology solution shares data across the enterprise.

Answers: 3

Answer

Business, 22.06.2019 11:10

Post test question number 9 for entering the job market

Answers: 1

Answer

Business, 22.06.2019 21:00

You are given the following information about aggregate demand at the existing price level for an economy: (1) consumption = $400 billion, (2) investment = $40 billion, (3) government purchases = $90 billion, and (4) net export = $25 billion. if the full-employment level of gdp for this economy is $600 billion, then what combination of actions would be most consistent with closing the gdp gap here?

Answers: 3

Answer

You know the right answer?

Adjusted Trail Balance Account Title Dr. Cr.
Cash 15,520
Accounts Receivable 33,790

Questions