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A corporation has the following account balances on September 30, 2015. Cash $1.500, Accounts Receivable $5,200, Unused Supplies $200. Advertising Expense $450 Wages Expense $2.200.
A corporation has the following account balances on September 30, 2015. Cash $1.500, Accounts Receivable $5,200, Unused Supplies $200. Advertising Expense $450 Wages Expense $2.200. Service Revenue $4,500. Accounts Payable $2,500, Share Capital $1,500. Retained Earnings $1,690, Dividends paid $1.000. What is the ending balance of income summary a. $1.850 b. $4,040 C. $1,650 d. $850 Next umoto
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