Homework Answers
Calculate total service revenue
| Unadjusted balance | 115000 |
| Unearned revenue adjusted | 10000 |
| Service revenue earned | 1000 |
| Total Service revenue in income statement | 126000 |
Calculate expense
| Supplies expense | 4000 |
| Depreciation expense | 500 |
| Telephone expense (3500+400) | 3900 |
| Salaries expense | 65000 |
| Insurance expense | 1500 |
| Total expense | 74900 |
Net profit = 126000-74900 = 51100
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I have triedto do this. and keep getting different numbers that arent equaling to eachother. Could...
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keep getting different numbers that arent equaling to
eachother. Could I get some
understanding on how to do this?
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first month.
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1
Nozomi invested $49,000 cash and computer equipment worth
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2
The company rented furnished office space by paying $2,800 cash
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3
The company purchased $1,500 of office supplies for cash.
10
The company paid $3,000 cash for the premium on a 12-month
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I have triedto do this. and
keep getting different numbers that arent equaling to
eachother. Could I get some
understanding on how to do this?
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