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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Accounting Principles
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
13th edition
978-1-119-4110, 1119411483, 9781119411017, 978-1119411482
