Answer
Income Statement |
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for the month ending 31 May 2017 |
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Revenues: |
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Service revenue [May 9 + May 15] |
$6,972 |
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Expenses: |
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Rent Expense [may 2] |
$747 |
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Advertising expense [may 5] |
$187 |
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Salaries expense [may 17] |
$3,112 |
|
Utilities expense [may 30] |
$224 |
|
Total Expenses |
$4,270 |
|
Net Income |
$2,702 |
Nona Curry started her own consulting firm, Teal Mountain Inc., on May 1, 2017. The following...
Nona Curry started her own consulting firm, Teal Mountain Inc., on May 1, 2017. The following transactions occurred during the month of May. Stockholders invested $18,675 cash in the business in exchange for common stock. 2 Paid $747 for office rent for the month. May 1 3 Purchased $622 of supplies on account. 5 Paid $187 to advertise in the County News. 9 Received $1,743 cash for services performed. 12 Paid $249 cash dividend. 15 Performed $5,229 of services on...
Nona Curry started her own consulting firm, Teal Mountain Inc., on May 1, 2017. The following transactions occurred during the month of May May 1 Stockholders invested $18,675 cash in the business in exchange for common stock. 2 Paid $747 for office rent for the month Purchased $622 of supplies on account. Paid $187 to advertise in the County News. 3 5 9 Received $1,743 cash for services performed. 12 Paid $249 cash dividend 15 Performed $5,229 of services on...
Nona Curry started her own consulting firm, Splish Brothers Inc., on May 1, 2017. The following transactions occurred during the month of May: May 1 Stockholders invested $20,775 cash in the business in exchange for common stock 2 Paid $831 for office rent for the month 3 Purchased $692 of supplies on account. 5 Paid $208 to advertise for the month in the County News. 9 Received $1,939 cash for services performed. 12 Paid $277 cash dividend. 15 Performed $5,817...
Nona Curry started her own consulting firm, Metlock, Inc., on May 1, 2017. The following transactions occurred during the month of May Stockholders invested $18,450 cash in the business in exchange for common stock. 2 Paid $738 for office rent for the month. 3 May 1 5 9 12 15 17 20 23 26 29 30 Purchased $615 of supplies on account. Paid $185 to advertise in the County News Received $1,722 cash for services performed Paid $246 cash dividen...
Nona Curry started her own consulting firm, Larkspur, Inc, on May 1, 2017. The following transactions occurred during the month of May: Stockholders invested $15,900 cash in the business in exchange for common stock, Paid $636 for office rent for the month. Purchased $530 of supplies on account. Paid $159 to advertise for the month in the County News. Received $1,484 cash for services performed. Paid $212 cash dividend. Performed $4.452 of services on account. Paid $2,650 for employee salaries....
Nona Curry started her own consulting firm, Larkspur, Inc. on May 1, 2017. The following transactions occurred during the month of May: May 1 Stockholders invested $15,900 cash in the business in exchange for common stock 2 Paid $636 for office rent for the month. 3 Purchased $530 of supplies on account. 5 Paid $159 to advertise for the month in the County News. 9 Received $1,484 cash for services performed. 12 Paid $212 cash dividend, 15 Performed $4.452 of...
Nona Curry started her own consulting firm, Metlock, Inc., on May 1, 2017. The following transactions occurred during the month of May Stockholders invested $18,450 cash in the business in exchange for common stock. 2 Paid $738 for office rent for the month. 3 May 1 5 9 12 15 17 20 23 26 29 30 Purchased $615 of supplies on account. Paid $185 to advertise in the County News Received $1,722 cash for services performed Paid $246 cash dividen...
Nona Curry started her own consulting firm, Sage Hill Inc., on May 1, 2022. The following transactions occurred during the month of May. May 1 Stockholders invested $17,325 cash in the business in exchange for common stock. 2 Paid $693 for office rent for the month. 3 Purchased $578 of supplies on account. 5 Paid $173 to advertise in the County News. 9 Received $1,617 cash for services performed. 12 Paid $231 cash dividend. 15 Performed $4,851 of services on...
Nona Curry started her own consulting firm, Marin Inc., on May 1, 2022. The following transactions occurred during the month of May. May 1 Stockholders invested $17,100 cash in the business in exchange for common stock. 2 Paid $684 for office rent for the month. 3 Purchased $570 of supplies on account. 5 Paid $171 to advertise in the County News. 9 Received $1,596 cash for services performed. 12 Paid $228 cash dividend. 15 Performed $4,788 of services on account....
Nona Curry started her own consulting firm, Splish Brothers Inc., on May 1, 2022. The following transactions occurred during the month of May. May 1 Stockholders invested $22,350 cash in the business in exchange for common stock. 2 Paid $894 for office rent for the month. 3 Purchased $745 of supplies on account. 5 Paid $223 to advertise in the County News. 9 Received $2,086 cash for services performed. 12 Paid $298 cash dividend. 15 Performed $6,258 of services on...