Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

how to make to prepare worksheet ,income statement and owners equity. P4-30. As the bookkeeper of Markdis Internet Access Service Ul USE information that follows

how to make to prepare worksheet ,income statement and owners equity.

image text in transcribed
P4-30. As the bookkeeper of Markdis Internet Access Service Ul USE information that follows to prepare: 1. A worksheet for August, the end of the tire quartet in the current ascal 2. An thoume smicman for August, a artement of owner's equity for AU, and a halnice sheer as of Acrust 31, 2015. Now this statement roprese 3 merithes of acdvity. Adjustment Dain a. Toxi-dede of the prepaid insurance remains prepaid at month-end. b. Computer supplies an hand. $265. c. Depreciation on canpater equipment is based on the straight-line metho four-your life, and residual value of $1,403. d Wages cura! but unpaid amourned in 64 hours at $15 per hour at month-c e. Adventsing hill received. nor ver paid, $245. MARITIME INTERNET ACCESS SERVICE TRIALBALANCE AUGUST 71, ZUIH 70 500 Prepaid Laurance 105000 42600 Cepour- Equomeant 1 14 8000 Scanned Deverianica, Computer Equipment Accomp's Parable 42 0 0 0D Tance Northerest, Capirail 84 DOD 286700 Revenue from Serevery Provided 147 8DO 143 3 500 Her Expenst 476 13 00 Advernog Expcust 148 500 Tits Is 92500 2231200 2231200

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Cost Accounting Principles And Applications

Authors: Horace Brock, Linda Herrington, La Vonda Ramey

7th Edition

0071115609, 978-0071115605

More Books

Students also viewed these Accounting questions