Exercise 1:

Moon Health is a fitness center in Jeddah City. In January, the company earned $600,000 in revenues and incurred the following operating costs from 340 customers:

Manager's salary $50,000

Gym Rent 60,000

Depreciation Expense?Equipment 25,000

Office Supplies Expense 30,000

Utilities Expense 89,700

Trainer's Salary 25,000

Requirement:

1. Prepare Star Health's income statement for the month of October.

Solution Exercise 1:

Exercise 2:

The trial balance as of July 31, 2017, for Sandra Sousa, Registered Dietician, is presented below:

SALAH SILK. REGISTERED DIETICIAN Trial Dolance Account Tila $ 30.010 2.700 HA SUPPHI 2.700 2.200 201030 1.300 COO