Question
APPLE CO. reported the following during the year: Cash P 40,000, Accounts Payable 30,000, Unused Supplies 50,000 Service Revenues 100,000, Accounts receivable 30,000 , Operating
APPLE CO. reported the following during the year: Cash P 40,000, Accounts Payable 30,000, Unused Supplies 50,000 Service Revenues 100,000, Accounts receivable 30,000 , Operating Expense 40,000, Equipment 60,000, Allowance for Bad Debts 1,000, Apple, Personal 15,000*
A. P 84,000
B. P 80,000
C. P 104,000
D. P 105,000
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Managerial Accounting
Authors: Karen W. Braun, Wendy M. Tietz
4th edition
978-0133428469, 013342846X, 133428370, 978-0133428377
