Homework Answers
Working:-
Cash = $28,000 + $2,700 + $800 - $11,000 - $300 - $4,200 - $1,900 - $3,400 = $10,700
Accounts Receivable = $3,800 - $800 = $3,000
Salaries payable = $3,800 - $300 = $3,500
Notes payable = $38,000 - $4,200 = $33,800
Common stock = $28,000 + $13,000 = $41,000
Service Revenue = $3,800 + $2,700 = $6,500
Salaries expense = $2,200 + $3,800 = $6,000
If you have any query feel free to ask in comment section. Thanks
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