Question
5) A&E Sports operates game facility. A&E had the following take place in February - Paid $2,278 for an Internet advertisement run on Yahoo! in
5) A&E Sports operates game facility. A&E had the following take place in February
- Paid $2,278 for an Internet advertisement run on Yahoo! in February
- Paid the electric and gas utility bill for $1,660 for January utility services.
- Paid $5,862 in wages to employees, $724 for work done in February, the rest was for work done in January.
- Purchased $975 of supplies for cash.
The total expenses that will be recognized in February are $_________
6) EBN Sports operates a game facility. They offer monthly memberships for and also offer guest passes for nonmembers. They also sell gift cards and offer concession snacks and drinks. During the month of February, EBN Sports had the following activities take place.
- Received $8,133 cash from customers for membership services that had been earned in February.
- Received $8,592 cash from corporate customers billed in January for concession snacks and drinks provided for corporate events in January
- Received $2,782 cash from Andeavor as an advance on a company party to be held in March.
What is the total net increase to assets in February?
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