Question
. Kelley and Wright, Attorneys, have the following budgeted items for the month of May: Fringe benefits $9,200 Depreciationequipment 5,000 Utilities 2,000 Professional salaries (from
. Kelley and Wright, Attorneys, have the following budgeted items for the month of May:
Fringe benefits $9,200 Depreciationequipment 5,000 Utilities 2,000 Professional salaries (from budget) 20,000 Travel 2,400 Revenues (from budget) 68,000 Lease expense 6,700 Secretarial support 5,600 Professional dues and subscriptions 3,800
Prepare a budgeted income statement for the month of May.
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Cornerstones Of Financial Accounting
Authors: Jay Rich, Jefferson Jones, Maryanne Mowen, Don Hansen, Donald Jones, Ralph Tassone
2nd Canadian Edition
0176707123, 978-0176707125
