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Expense/Revenue on the income statement 2020 Insurance expense 28,000 Rent Expense 37,000 Interest Revenue 8,000 Interest Expense 15,000 Salary Expense 59,000 The following balances are
Expense/Revenue on the income statement 2020 Insurance expense 28,000 Rent Expense 37,000 Interest Revenue 8,000 Interest Expense 15,000 Salary Expense 59,000 The following balances are excerpted from the Company's balance sheets 12/31/2020 12/31/2019 Prepaid Insurance 3,000 2,000 Prepaid Rent 6,000 5,000 Interest Receivable 3,200 3,800 Interest Payable 3,800 2,800 Salaries Payable 8,000 11,000 Insurance premium paid? Rental payments? Interest Received? Interest Paid ? Salaries Paid
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