Question
Accounts Payable3,500.00Accounts Receivable1,200.00Cash11,120.00owners Capital27,850.00Drawings550.00Equipment15,000.00Rent Expense1600.00Salaries Expense2700.00Service Revenue9,700.00Supplies1500.00Trucks6,000.00Prepaid rent750.00Utilities Expense630.00 The above information pertains to ABC company for the year 2020. Using the data above ,
Accounts Payable3,500.00Accounts Receivable1,200.00Cash11,120.00owners Capital27,850.00Drawings550.00Equipment15,000.00Rent Expense1600.00Salaries Expense2700.00Service Revenue9,700.00Supplies1500.00Trucks6,000.00Prepaid rent750.00Utilities Expense630.00
The above information pertains to ABC company for the year 2020. Using the data above , calculate the total income for the accounting year .
Please note that each account has normal balance.
Select one:
a. 4,220
b. 4,500
c. 4,510
d. 4,770
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Management Accounting
Authors: Anthony A Atkinson, Robert S Kaplan
5th Edition
136005314, 978-0136005315
