Question
Hi, can you please help me with the following question. the revenue is $85595, the expenses are salary expense $25000, rent expense $6210, supplies expense
Hi, can you please help me with the following question. the revenue is $85595, the expenses are salary expense $25000, rent expense $6210, supplies expense $8000, dep expense $167, interest expense $167, insurance expense $5420. from all of these amounts prepare an income statement and owner's equity. then calculate the balance sheet when the assets are cash $25200, accounts receivable $6210, withdraws $10100, prepaid insurance $1000, equipment $10,000, the liabilities consist of the following unearned revenue $3000, notes payable $20000, account payable $5000, accumulated expense $2167, salary payable $900, interest payable $5420.
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