Accounts Receivable $ 1,200 Salaries Expense $ 900 Accounts Payable 1,500 Service Revenue 7,000 Cash 23,500...
Accounts Receivable $ 1,200 Salaries Expense $ 900 Accounts Payable 1,500 Service Revenue 7,000 Cash 23,500 Office Supplies 2,000 Stock issued during March 39,000 Truck 17,080 Dividends paid during March 2,500 Utilities Expense 320
Begin by preparing the income statement for
DJDJ
Painting for the month of
MarchMarch
20182018.
(If a box is not used in the table leave the box empty; do not select a label or enter a zero.)
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DJ Painting |
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Income Statement |
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Month Ended March 31, 2018 |
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Revenues: |
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Service Revenue |
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Total Expenses |
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Net Income |
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Homework Answers
Solution:
| DJ Painting | ||
| Income Statement | ||
| Month Ended March 31, 2018 | ||
| Particulars | Amount | |
| Revenues: | ||
| Service Revenue | $7,000.00 | |
| Expenses: | ||
| Salaries Expense | $900.00 | |
| Utilities Expense | $320.00 | |
| Total Expenses | $1,220.00 | |
| Net Income | $5,780.00 | |
Add Answer to:
Accounts Receivable $ 1,200 Salaries Expense $ 900 Accounts
Payable 1,500 Service Revenue 7,000 Cash 23,500...
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Using the following information, complete the income
statement, statement of retaining earnings, and balance sheet for
AJ paining for the month of March 2018. The business being an
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pox is not used in the table leave the box empty; do not select a label or enter a zero.) i Data Table Accounts Receivable 2$ Salaries Expense 2,000 2$ 800 Accounts Payable 700 10,500 Service Revenue Cash 24,000 Office Supplies 1,800 Stock issued during March 39,000...
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