On July 1, 2017, Windsor Learning Services entered its second month of operations. On July 31, 2017,
Question:
Transcribed Image Text:
Accounts payable... Accounts receivable. Owner's investments during $1,500 July 2017 Owner's withdrawals... $1,200 2,000 Cash.... 1,600 1,000 Computer equipment. Supplies.. Textbook rental revenue 1,280 2,200 Furniture..... 1,800 300 Milton Windsor, capital, June 30, 2017* Office rent expense. Tutoring revenue. Tutors' wages expense 4,200 7,400 1,540 Utilities expense. 2,500 680
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 84% (13 reviews)
WINDSOR LEARNING SERVICES Income Statement For Month Ended July 31 2017 Revenues Tut...View the full answer
Answered By
Sandip Nandnawar
I am a B.E (Information technology) from GECA and also have an M.C.M from The University of RTMNU, MH.
I worked as a software developer (Programmer and TL). Also working as an expert for the last 6 years and deal with complex assessment and projects. I have a team and lead a team of experts and conducted primary and secondary research. I am a senior software engg and senior expert and deal with all types of CSE and IT and other IT-related assessments and projects and homework.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Fundamental Accounting Principles Volume 1
ISBN: 9781259259807
15th Canadian Edition
Authors: Kermit Larson, Tilly Jensen, Heidi Dieckmann
Question Posted:
Students also viewed these Business questions
-
On July 1, 2014, Windsor Learning Services entered its second month of operations. On July 31, 2014, Milton Windsor, the owner, finalized the company's records that showed the following items. Use...
-
Use the facts in Exercise 1-12 to prepare a July 31 balance sheet for Academic Learning Services, similar to Exhibit 1.10. Analysis Component: Identify how much of the assets held by Academic...
-
Use the facts in Exercise 1-12 to prepare a July statement of changes in equity for Academic Learning Services, similar to Exhibit 1.9. Analysis Component: Identify those activities that caused...
-
Explain how you solve problems during the implementation of your projects. Does this operate as a formal approach and/or use specific supportive techniques?
-
Describe how inflation affects purchasing power. What happens if inflation is too high? What happens if there is no inflation? Why is there a fear of deflation?
-
Consider laminar flow down a wide rectangular channel making an angle \(\theta\) with the horizontal. The fluid has kinematic viscosity \(v\) and the volume flow rate per unit width is given by \[...
-
The balance sheet data for Bobs Electronics, Co., November 30, 2010, follow: Requirement 1. The following are three independent assumptions about the business during November. For each assumption,...
-
Of employed U.S. adults age 25 or older, 90.4% have completed high school, while 34.0% have completed college. For H = completed high school, C = completed college, and assuming that one must...
-
Using the DE-Goodman criteria and a design factor of 1.5, calculate the diameter based on the shaft's loadings and your guess for the shaft's diameter at the critical location, what is the shaft...
-
Ellipses Corp is a small business that operates in Herndon, VA. The company is located at10 Period Lane, Herndon, VA 20170. Its federal Employer Identification Number is 77-7777777, and its...
-
On November 1, 2017, Jean Higgins started a wedding planning company, Extraordinary Studios. On November 30, 2017, the companys records showed the following items. Use this information to prepare a...
-
Elena Bellisario began a new consulting firm on January 3. The accounting equation showed the follow- ing transactions. Analyze the equation and describe each of the transactions with their amounts....
-
What is meant by the optimum tariff? What is its relationship to changes in the nation's terms of trade and volume of trade?
-
Using your university librarys business research resources and Internet sources, identify and discuss three key strategies that Volkswagen is using to compete in China.
-
Dad and Grandpa are each baking chocolate chip cookies. Each gives you two cookies. One of Dad's cookies has 14 chips in it and the other has Grandpa's cookies have 6 and 8 chips. a. Estimate the...
-
A manufacturer claims that the tensile strength of a certain composite (in MPa) has the lognormal distribution with \(\mu=5\) and \(\sigma=0.5\). Let \(X\) be the strength of a randomly sampled...
-
A commuter must pass through three traffic lights on the way to work. For each light, the probability that it is green upon arrival is 0.6. The lights are independent. a. What is the probability that...
-
Prove that if \(\mathbf{F}\) is a gradient vector field, then the flux of \(\operatorname{curl}(\mathbf{F})\) through a smooth surface \(\mathcal{S}\) (whether closed or not) is equal to zero.
-
Identify the surface whose equation is given. r = 2 sin
-
An annual report of The Campbell Soup Company reported on its income statement $2.4 million as equity in earnings of affiliates. Journalize the entry that Campbell would have made to record this...
-
Review the WestJet balance sheet for fiscal year-end December 31, 2017, in Appendix III. Identify three accounts on the balance sheet that would carry debit balances and three accounts on the balance...
-
Using the trial balance provided above, prepare an income statement and statement of changes in equity for the first month ended May 31, 2020, and a balance sheet at May 31, 2020. Analysis Component:...
-
CityBnB?s records showed the following beginning balances on July 31, 2020. Using the information provided and the analysis completed in QS 2-6 and QS 2-7, complete the following: 1. Post the journal...
-
Show evidence how a community support worker implement strategies to foster and promote diversity in work practices to include the following: 1. Coaching and mentoring 2. Communication 3. Work...
-
Determine the domian of analyticity for f(z) = Log(4 + i 2). Compute f'(:).
-
Discuss a minimum of three (3) core components of Grievance Procedures within aviation labor relations and analyze how this can benefit the relationship between union labor and management.
Study smarter with the SolutionInn App