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I need help with the unadjusted income statement. There's a drop-down bar for the unadjusted, adjusted and post-closing for the Income Statement. Not sure if
I need help with the unadjusted income statement. There's a drop-down bar for the unadjusted, adjusted and post-closing for the Income Statement. Not sure if they all need to be filled out. Thank you!
On April 1. Anita Strods created a new travel agency. Strods Travel. The following transactions occurred during th month. April 2 Strods invested $46,000 cash and computer equipment worth $23,400 in the company. April 3 The company rented furnished office space by paying $2,20e cash for the first month's (April) rent. April 4 The company purchased $2,400 of office supplies for cash. April 10 The company paid $2,520 cash for a 12-month insurance policy. Coverage begins on April 11. April 14 The cony paid $1,820 cash for two weeks' salaries earned by employees. April 24 The company collected $16,000 cash for commissions revenue April 28 The company paid $1,820 cash for two weeks' salaries earned by employees. April 29 The company paid $500 cash for minor repairs to computer equipment. April 30 The company paid $750 cash for this month's telephone bili. April 30 Strods withdrew $1,900 cash from the company for personal use. Information for month-end adjustments follows: o. Prepaid Insurance of $140 expired this month. b. At the end of the month $1,050 of office supplies are still available, c. This month's depreciation on computer equipment is $390, d. Employees earned $728 of unpaid and unrecorded salaries as of month-end. e. The company earned $1,830 of commissions revenue that is not yet recorded at month-end. General Journal General Ledger Income Statement Requirement Trial Balance Balance Sheet Post Closing St Owners Equity Use the drop-downs to select the accounts properly included on the income statement. The unadjusted, or post-closing balances will appear for each account, based on your selection. Unadjusted STRODS TRAVEL Income Statement Unadjusted STRODS TRAVEL Income Statement For Month Ended April 30 Revenues $ 0 0 Expenses 0 0 0 0 0 0 0 0 $ Net income Step by Step Solution
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