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In addition to these transactions, Cullumber had rent expense of $4,200, supplies expense of $540, and salaries expense of $5,000 for the months of October
In addition to these transactions, Cullumber had rent expense of $4,200, supplies expense of $540, and salaries expense of $5,000 for the months of October and November. Prepare a single-step income statement for Cullumber Garage Co. for the two months ended November 30. (Round answers to 0 decimal places, e.g. 2,275.)
Current Attempt in Progress Cullumber Garage Co. accepts the following forms of payment: Visa, Mastercard, the Cullumber Garage Co, credit card, and debit: Cullumber is charged 3,50\$ for all bank credit card transactions and \$0,50 per transaction for all debit card transactions. Cullumber charges 1425% interest on balances owing on the Cullumber Garage Ca credit card. In October and November 2024, the following summary transactions occurred: Oct 15 Performed services totalling $17,200 for customers who used the Cullumber Garage Ca credit card for payment. 20 Performed services totalling $7,000 to customers who used Visa credit cards. 30. Performed services totalling $1,500 on account, terms n/30 31 Performed services totaling $5.200 for customers who used debit cards (100 transactions). Nov 15 Collected amounts owing from October 15 transactions
In addition to these transactions, Cullumber had rent expense of $4,200, supplies expense of $540, and salaries expense of $5,000 for the months of October and November. Prepare a single-step income statement for Cullumber Garage Co. for the two months ended November 30. (Round answers to 0 decimal places, e.g. 2,275.)
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