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Dynamic Enterprises had the following information during November 20x9: Inventory purchases on account $ 6,800. Inventory purchases for cash $2,800. Sales on account $15,000. Cash
Dynamic Enterprises had the following information during November 20x9: Inventory purchases on account $ 6,800. Inventory purchases for cash $2,800. Sales on account $15,000. Cash sales $3,500. $9,200 2.100 1. Cost of goods sold on cash and credit sales 2. Payment of 3 months' rent in advance (1 month's rent should be recognized in November) 3. Payment of inventory purchased on account 4. Collections from credit customers 5. Wages earned and paid during November 6. Wages earned but not paid during November 7. Credit purchases of supplies 8. Supplies used during November 3,000 9.900 5,000 3,200 1,200 200 Resuited Prepare an income statement for Dynamic Enterprises for the month of November, 20X9, under the accrual basis. The numbers should be in the format of 100 or -100 Sales Expenses A https://bueitslearning.com/ContentArea/ContentArea.aspx/Location D-37868&location Type 1 Elementid=1640271 Status and follow-up Participants More - 2,000 3,200 (1) Accounting for En... Overview Plans Resources escorrow NOVINY 6. Wages earned but not paid during November 7. Credit purchases of supplies 8. Supplies used during November 1.200 200 Required: Prepare an income statement for Dynamic Enterprises for the month of November, 20X9, under the accrual basis. The numbers should be in the format of 100 or -100 Sales Expenses: Cost of goods sold expense expense expense Total expenses Net Income Pause teste Back Next here to search BI hp
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