Calculate the total expenses for the month of June 2022, given the following transactions. 1 Paid salaries
Question:
Calculate the total expenses for the month of June 2022, given the following transactions.
1 Paid salaries of $60 000; $50 000 related to work carried out in May 2022 and $10 000 related to June 2022.
2 A phone bill for $1200 was received for the usage on June. This amount will be paid on 1 July 2022.
3 A $65 000 deposit was paid for a block of land.
4 Paid rent for the month of June of $6000 on 1 June 2022.
5 A commission expense of $8000 was paid in June. The commission related to April sales.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Fundamentals Of Accounting And Financial Management
ISBN: 9780170454797
8th Edition
Authors: Professor Ken Trotman, Kerry Humphreys
Question Posted: