Question
How to create a Monthly Income Statement for your own company based on the following accounts table. Shop rent $2,000 Sales receipts 50,000 Utilities 500
How to create a Monthly Income Statement for your own company based on the following accounts table.
Shop rent
$2,000
Sales receipts
50,000
Utilities
500
Bank Loan
1200
Telephone expense
70
Office supplies
50
Auto expense
300
Accounts Payable
1000
Cash
500
Wages
6000
Accounts Receivable
6000
Fuel Cost
100
Insurance Payment
200
Depreciation expense
1000
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Core Concepts Of Accounting Information Systems
Authors: Mark G. Simkin, Carolyn A. Strand Norman, Scott Paquette
1st Canadian Edition
