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For Statement its either Balance Sheet or Income Statement. For account Type its either Asset, Expense, Liability, Revenue, and Stock Holders Equity. 1. For each
For Statement its either Balance Sheet or Income Statement.
1. For each of the following items in Old Time Cable, Incorporated's financial statements, indicate (1) whether it is reported Income statement or balance sheet and (2) whether it is an asset, liability, stockholders' equity, revenue, or expense acc first item is given as an example. 2. Old Time Cable also reported $4,440 in operating expenses. Based on the available information, determine the company profit margin expressed as a percent. Complete this question by entering your answers in the tabs below. Required 1 Required 2 For each of the following items in Old Time Cable, Incorporated's financial statements, indicate (1) whether it is reported in the income statement or balance sheet and (2) whether it is an asset, liability, stockholders' equity, revenue, or expense account. The first item is given as an example. Item (2) Account Type Asset $ Cash 1. Service Revenue 2. Accounts Receivable 3. Interest Expense 4 Deferred Revenue 5. Income Tax Expense 6. Retained Earnings (1) Statement 930 Balance Sheet 5,700 950 400 250 260 130 RARBEI Required 2 > Required: 1. For each of the following items in Old Time Cable, Incorporated's financial statements, indicate (1) whether it is reported in the income statement or balance sheet and (2) whether it is an asset, liability, stockholders' equity, revenue, or expense account. The first item is given as an example, 2. Old Time Cable also reported $4,440 in operating expenses. Based on the available information, determine the company's net profit margin expressed as a percent Complete this question by entering your answers in the tabs below. Required 1 Required 2 Old Time Cable also reported $4,440 in operating expenses. Based on the available information, determine the company's net profit margin expressed as a percent. (Round your answer to 1 decimal place.) Net Profit Margin (Required 1 Recited 2 % For account Type its either Asset, Expense, Liability, Revenue, and Stock Holders Equity.
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