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Deferred Revenue 1,500 Notes Payable (long-term) 74,000 Common Stock 5,000 Retained Earnings 14,500 Dividends Service Revenue Salaries and Wages Expense 3,900 Repairs and Maintenance
Deferred Revenue 1,500 Notes Payable (long-term) 74,000 Common Stock 5,000 Retained Earnings 14,500 Dividends Service Revenue Salaries and Wages Expense 3,900 Repairs and Maintenance Expense 410 Office Expenses Totals Required: 270 35,700 $159,930 $159,930
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Core Concepts of Government and Not For Profit Accounting
Authors: Michael H. Granof, Penelope S. Wardlow
2nd edition
471737925, 978-0-470-4605, 978-0471737926
