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Exercise 4-17 (Part Level Submission) These financial statement items are for Martinez Company at year-end, July 31, 2019 Salaries and wages payable $2,400 Notes payable
Exercise 4-17 (Part Level Submission) These financial statement items are for Martinez Company at year-end, July 31, 2019 Salaries and wages payable $2,400 Notes payable (long-term) Salaries and wages expense 51,000 Cash Utilities expense Equipment Accounts payable ervice revenue Rent revenue Common Stock 1,600 13,200 9,800 6,300 2,700 4,200 9,000 Retained Earnings (beginning of the year) 20,900 22,900 Accounts receivable 29,300 Accumulated depreciation-equipment 4,500 Dividends 61,000 Depreciation expense 27,400 (a1) Prepare an income statement for the year. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Martinez Company Income Statement
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