Question
a company needs to prepare an income statement, owner's equity, and balance sheet with the following amounts. cash 25200, account receivable 6900, salary expense 107600,
a company needs to prepare an income statement, owner's equity, and balance sheet with the following amounts. cash 25200, account receivable 6900, salary expense 107600, prepaid expense 2500, rent expense 6210, supplies 2000, withdraws 10100 prepaid insurance 1000 equipment 10,000 supplies expense 8000 depreciation expense 167, interest expense 167, insurance expense 5420 the liabilities are unearned revenue 3000 revenue 85595 notes payable 200000 accounts payable 5000 accumulated equipment expense 2167 capital 68435 salary payable 900 interest payable 167.
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