Complete the income statement for the following transactions for June 2010 disclosed Fill in the yellow cells
Fantastic news! We've Found the answer you've been seeking!
Question:
Complete the income statement for the following transactions for June 2010 disclosed Fill in the yellow cells as appropriate. | |||||
Ticket revenue | $180,000 | ||||
Equipment rent expense | $50,000 | ||||
Film rent expense | $53,400 | ||||
Concession revenue | $29,600 | ||||
Advertising expense | $18,600 | ||||
Salaries expense | $60,000 | ||||
Utilities expense | $14,100 | ||||
Cash dividends declared and paid | $12,000 | ||||
Balance sheet amounts at June 30 include the following: | |||||
Cash | $140,000 | ||||
Land | $148,000 | ||||
Accounts payable | $87,600 | ||||
Capital stock | $114,000 | ||||
Retained earnings as of 2010 June 1 | $84,900 | ||||
Related Book For
Intermediate Accounting
ISBN: 978-0324592375
17th Edition
Authors: James D. Stice, Earl K. Stice, Fred Skousen
Posted Date: