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ervlets/QuizServlet?ccid=11209 the following: Dylex Corporation began operations 2 years ago. Its adjusted account balances at April 30, 2014 are shown below, Dylex Corporation issued shares
ervlets/QuizServlet?ccid=11209 the following: Dylex Corporation began operations 2 years ago. Its adjusted account balances at April 30, 2014 are shown below, Dylex Corporation issued shares a. Income statement for the month ended April 30. b. Statement of changes in equity for the month ended April 30. c. Classified balance sheet at April 30. Account Balance Accounts receivable 9,350 Dylex Corporation Accumulated depreciation, automobiles 5,250 Income Statement Accumulated depreciation, equipment Automobiles 5,660 For the Month Ended April 30, 2014 x 4 Revenues 51,140 Cash Commissions earned 2,100 13,080 Commissions earned 13,080 Consulting revenue eamed 8,130 Consulting revenue earned Rent earned 8,130 10,210 Depreciation expense, automobiles Total revenues 1,090 Depreciation expense, equipment Expenses 1,890 Dividends 2,480 Interest expense 1,740 Equipment 52,350 Depreciation expense, automobiles 1,090 Interest expense 1,740 Depreciation expense, equipment 1,890 Interest payable 7,330 Land 8,860 Long-term notes payable 28,840 Long-term investment in shares 10,600 Mortgage Payable (due December, 2017) 43,500 Notes Receivable (due November, 2014) 15,090 Dylex Corporation Property taxes expense 2,040 Statement of Changes in Equity Property taxes payable 7.570 For Month Ended April 30, 2014 Rent earned 10,210 Share Retained Total Retained earnings 5.620 Capital Earnings Equity Share capital 11,090 Short-term notes payable 25,380 Supplies 5,320 X 7,610 Trademark Type here to search O
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