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Financial Statements The amounts of the assets and liabilities of Wilderness Travel Service at April 30, 20Y5, the end of the year, and its revenue
Financial Statements The amounts of the assets and liabilities of Wilderness Travel Service at April 30, 20Y5, the end of the year, and its revenue and expenses for the year are listed below. The capital of Harper Borg, owner, was $58,760 at May 1, 20Y4, the beginning of the year, and the owner withdrew $31,700 during the year. Accounts payable Accounts receivable Cash Fees earned Miscellaneous expense Rent expense Supplies Supplies expense Taxes expense Utilities expense Wages expense Required: $20,600 110,300 222,650 773,200 6,010 100,130 9,590 16,020 10,000 60,080 286,080 1. Prepare an income statement for the year ended April 30, 2015. Wilderness Travel Service Income Statement For the Year Ended April 30, 20Y5 Expenses: 13 4
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