Business, 13.01.2022 17:50 katlyn10289
Baiman Corporation commences operations at the beginning of January. It provides its services on credit and bills its customers $40000 for January sales. Its employees also earn January wages of $12000 that are not paid until the first of February. Complete the following statements for the month end of January.
Income Statement
Sales $ __
Wage Expense $ __
Net Income (loss) $ __
Balance Sheet Cash $ __
Accounts Receivable $ __
Total Assets $ __
Wages Payable $ __
Retained Earnings $ __
Total Liabilities & Equity $ __
Answers: 2
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