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1 Record your initial investment 1 / 2 / 2 0 1 8 Cash $ 1 0 0 , 0 0 0 Common stock $
Record your initial investment
Cash $
Common stock $
Record the energy bills
Utility expenses $
Utility payable $
Utility Payable $
Cash $
Utility expenses $
Utility payable $
Utility Payable $
Cash $
Utility expenses $
Utility payable $
Utility Payable $
Cash $
Record all moving jobs that are listed on your calendar
Cash $
Sale $
Contractor expense x$ $
Contractor expense payable $
Supplies expenses $
Cash $
Cash $
Sale $
Contractor expense x$ $
Contractor expense payable $
Supplies expenses $
Cash $
Contractor expense payable $
Cash $
Cash $
Sale $
Contractor expense x$ $
Contractor expense payable $
Supplies expenses $
Cash $
Cash $
Sale $
Contractor expense x$ $
Contractor expense payable $
Supplies expenses $
Cash $
Contractor expense payable $
Cash $
Cash $
Sale $
Contractor expense x$ $
Contractor expense payable $
Supplies expenses $
Cash $
Cash $
Sale $
Contractor expense x$ $
Contractor expense payable $
Supplies expenses $
Cash $
Contractor ecpense payable $
Cash $
Cash $
Sale $
Contractor expense x$ $
Contractor expense payable $
Supplies expenses $
Cash $
Contractor expense payable $
Cash $
Cash $
Sale $
Contractor expense x$ $
Contractor expence payable $
Supplies expenses $
Cash $
Cash $
Sale $
Contractor expense x$ $
Contractor expense payable $
Supplies expenses $
Cash $
Contractor expense payable $
Cash $
Cash $
Sale $
Contractor expense x$ $
Cash $
Supplies expenses $
Cash $
Cash $
Sale $
Contractor expense x$ $
Contractor expense payable $
Supplies expenses $
Cash $
Supplies expense payable $
Cash $
Cash $
Sale $
Contractor expense x$ $
Contractor expense payable $
Supplies expenses $
Cash $
Contractor expense payable $
Cash $
Record the two separate truck purchases and calculated depreciation for Jan, feb and March
Moving trucks $
Long term Loan $
Moving Trucks $
Long term loan $
Depreciation expense $
Accumulated Depreciation $
Full month depreciation is charged
Depreciation expense $
Accumulated Depreciation $
Depreciation is not charged on second purchase as it put to use in last
Long term loan $
Cash $
Loan installment paid
Long term loan $
Cash $
Record the leasing agreement
Refundable Deposit $
Cash $
Rent expense $
Cash $
Rent expense $
Cash $
Rent expense $
Cash $ I need help putting together the income statement. Im not sure how to comes up with the sales, total income, gross profit, total expenses, net operating income,and net income
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Here is an example income statement for the journal entries provided Income S...Get Instant Access to Expert-Tailored Solutions
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Step: 2
Step: 3
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