Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

could you help me to resolve this exercise ? Mr. DARA has invented a company name APSARA Express company. For provide services transportation goods. office

image text in transcribed

could you help me to resolve this exercise ?

image text in transcribedimage text in transcribed
Mr. DARA has invented a company name APSARA Express company. For provide services transportation goods. office Equipment Building $ 18, 000 Drawing $ 80, 000 Furniture $ 9, 000 Note payable $ 3, 160 $ 27,000 Interest Expense $ 1, 800 Miscellaneous Expense Capital , January1 , 2016 $ 3, 500 Mortgage payable $ 38, 000 Mission Expense $ 341 500 Band payable $ 1,500 Repair expense $ 12,000 $ 1 1 000 Cash $ 11, 290 prepaid Insurance $ 61000 office supplies $ 7, 500 Utilities Expense $ 600 Salaries Expense $ 12, 000 Truck $ 30, 000 office Supplies Expense $ 1 1600 Advertising Expense $ 1,850 Insurance Expense $ 500 Prepaid Rent $ 1, 200 Accounts payable $ 14/000 Service Revenue $ 35, 000 Accounts Receivable $ 51 000 $ 15,000 Fuel Expensea / prepare an Income statement. 6/ prepare the statement of owner's Equity. C/. prepare the Balance sheet. d/. prepare the statement of cash Flows

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Management Accounting

Authors: Charles T. Horngren, Gary L. Sundem, William O. Stratton, Phillip Beaulieu

6th Canadian edition

013257084X, 1846589207, 978-0132570848

More Books

Students also viewed these Accounting questions

Question

What is a baseline?

Answered: 1 week ago

Question

=+c) What is the response?

Answered: 1 week ago

Question

which of the following is true about global administrators?

Answered: 1 week ago

Question

1. To generate a discussion on the concept of roles

Answered: 1 week ago

Question

6. What information processes operate in communication situations?

Answered: 1 week ago

Question

3. How can we use information and communication to generate trust?

Answered: 1 week ago