Homework Answers
Answers
| Insurance Expense | $ 11,500 |
| Rent expense | $ 15,700 |
| Interest revenue | $ 9,400 |
| Interest expense | $ 7,500 |
| Salary expense | $ 16,000 |
Calculations:
| (amounts in $) | |
| Insurance Expense | =$12,000-1,800+1,300 |
| Rent expense | =$15,000-2,500+3,200 |
| Interest revenue | =$10,000+3,200-3,800 |
| Interest expense | =$7,000+3,300-2,800 |
| Salary expense | =$18,000+9,000-11,000 |
In case of any doubt, please comment.
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