Question
of Net Income that is not allocated to dividends is retained as Equity. wing transactions to the appropriate account(s). Make sure the sign (positive or
of Net Income that is not allocated to dividends is retained as Equity. wing transactions to the appropriate account(s). Make sure the sign (positive or negative) is correct. O 1 2 3 34 35 36 Transactions Ship and invoice $300 of goods that cost $150 Depreciate office equipment $20 Receive payment for last month's sales of $100 Receive goods costing $50 and put in inventory Receive $5 of interest on cash balances Receive customer returns priced at $20 that had cost $10 Scrap $10 of goods destroyed in shipment to customer Pay $20 for snow removal Pay rebate of $5 on sales Purchase a truck for $10,000 Pay supplier $75 for goods received last month Pay $10 interest on debt Totals Revenues Cost of Revenues 37 88 89 90 391 e done completing the above table enter anything in the box below and any errors will be highlighted in red. $ $ Operating Expenses 20 20 $ Operating Income Interest Income (Exp.) Pretax Inc $
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