rate positively .
Income | |||||
Service revenue | 37549 | ||||
Expenses | |||||
Salaries and wage expenses | 13817 | ||||
Insurance expenses | 1796 | ||||
Rent | 3899 | ||||
supplies expenses | 1519 | ||||
Depreciation expenses | 929 | ||||
Total expenses | 21960 | ||||
Net income | 15589 |
The adjusted trial balance of Whispering Winds Corp. at December 31, 2017, includes the following accounts:...
The adjusted trial balance of Whispering Winds Corp. at December 31, 2019, includes the following accounts: Common Stock $17,800, Dividends $7,300, Service Revenue $36,500, Salaries and Wages Expense $16,300, Insurance Expense $2,600, Rent Expense $3,300, Supplies Expense $2,400, and Depreciation Expense $1,700. Prepare an income statement for the year. Whispering Winds Corp. Income Statement
Partial adjusted trial balance for Pina Colada Corp. at December 31, 2017, includes the following accounts: Retained Earnings $16,700, Dividends $4,700, Service Revenue $36,300, Salaries and Wages Expense $15,000, Insurance Expense S1,980, Rent Expense $4,000, Supplies Expense $1,590, and Depreciation Expense丰900. The balance in Retained Earnings is the balance as of January 1. Prepare a retained earnings statement for the year assuming net income is $10,400. (List items that increase retained earnings first.) PINA COLADA CORP Retained Eanings Statement For...
The adjusted trial balance of Martinez Corp. at December 31, 2022, includes the following accounts: Retained Earnings $17.200, Dividends $4,000, Service Revenue $35,800, Salaries and Wages Expense $13,800, Insurance Expense $1,880, Rent Expense $3,910, Supplies Expense $1,550, and Depreciation Expense $840. Prepare an income statement for the year. MARTINEZ CORP Income Statement For the Year Ended December 31, 2022 I $
3. The adjusted trial balance of Wilcox Company at December 31, 2017 includes the following accounts: Retained Earnings $12,600; Dividends $6,000; Service Revenue $35,000; Salaries and Wages Expense $16,000; Insurance Expense $2,000; Rent Expense $3,500; Supplies Expense $500; and Depreciation Expense $1,000. (7%) Instructions Prepare a retained earnings statement for the year.
Brief Exercise 4-11 Partial adjusted trial balance for Sheffield Corp. at December 31, 2017, includes the following accounts: Retained Earnings $17,000, Dividends $6,700, Service Revenue $36,300 Salaies and Wages Expense $14,000, Insurance Expense $1,880, Rent Expense $4,080, Supplies Expense $1,440, and Depreciation Expense $900. The balance in Retained Earnings is the balance as of January 1 Prepare a retained earnings statement for the year assuming net income is $10,400. (List items that increase retained earnings first.) SHEFFIELD CORP Retained Eamings...
The trial balance for Whispering Winds Corp. on August 31 is as follows: Whispering Winds Corp. Trial Balance August 31, 2020 Credit Debit $6,000 3,200 2,000 20,300 147,000 $21,168 18,000 Cash Prepaid insurance Supplies Land Buildings Accumulated depreciation-buildings Equipment Accumulated depreciation-equipment Accounts payable Unearned rent revenue Notes payable Common shares Retained earnings Dividends Rent revenue Salaries and wages expense Insurance expense Interest expense Utilities expense Repairs and maintenance expense 4,860 4.250 4,050 76,000 79,700 4,250 4,550 66,500 33,648 11.200 3,800...
The adjusted trial balance of Parsons Company at December 31, 2017, includes the following accounts: Common Stock $16,200, Dividends $7,500, Service Revenue $38,600, Salaries and Wages Expense $15,500, Insurance Expense $2,600, Rent Expense $3,700, Supplies Expense $1,500, and Depreciation Expense $1,900. Prepare an income statement for the year. PARSONS COMPANY Income Statement
Please help Partial adjusted trial balance for Larkspur, Inc. at December 31, 2017, includes the following accounts: Retained Earnings $17.600, Dividends $6,200, Service Revenue $36,100, Salaries and Wages Expense $14,600, Insurance Expense $1.770, Rent Expense $4.060, Supplies Expense $1,600, and Depreciation Expense $800. The balance in Retained Earnings is the balance as of January 1. Prepare a retained earnings statement for the year assuming net income is $10,400. (List items that increase retained earnings first.) LARKSPUR, INC. Retained Earnings Statement...
Selected year-end account balances from the adjusted trial balance as of December 31, 2022, for Whispering Winds Corp. is provided below. Debit Credit Accounts Receivable Dividends $58,080 21,040 10,560 170,240 72,880 Depreciation Expense Equipment Salaries and Wages Expense Accounts Payable Accumulated Depreciation-Equipment Unearned Rent Revenue Service Revenue $42,400 91,840 18,320 147,040 4,960 Rent Revenue 2,880 Rent Expense Retained Earnings Supplies Expense 49,440 1,120 Date Account Titles and Explanation Debit Credit Dec. 31 Service Revenue 147,040 Rent Revenue 4,960 Income Summary...
View Policies Current Attempt in Progress The adjusted trial balance of Marigold Corp. at December 31, 2022, includes the following accounts: Retained Earnings $17,0 Dividends $5,500, Service Revenue $36,300. Salaries and Wages Expense $14,700, Insurance Expense $1,830, Rent Expense $3,810, Supplies Expense $1,410, and Depreciation Expense $800. Prepare an income statement for the year. MARIGOLD CORP Income Statement For the Year Ended December 31, 2022 Retained Earnings, January 1 Retained Earnings, January 1 Retained Earnings Dividends Service Revenue MARIGOLD CORP....