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Expense/Revenue on the income statement 2012 Insurance expense 25200 Rent Expense 18000 Interest Revenue 15000 Interest Expense 8000 Salary Expense 10000 The following balances are
Expense/Revenue on the income statement 2012 | ||||
Insurance expense | 25200 | |||
Rent Expense | 18000 | |||
Interest Revenue | 15000 | |||
Interest Expense | 8000 | |||
Salary Expense | 10000 | |||
The following balances are excerpted from the Company's balance sheets | ||||
12/31/12 | 12/31/11 | |||
Prepaid Insurance | 1800 | 1300 | ||
Prepaid Rent | 2500 | 3200 | ||
Interest Receivable | 3200 | 3800 | ||
Interest Payable | 3300 | 2800 | ||
Salaries Payable | 9000 | 11000 | ||
Insurance premium paid? | ||||
Rental payments? | ||||
Interest Received? | ||||
Interest Paid ? | ||||
Salaries Paid? Please show work so i understand |
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