Question
On June12,Carpenter Printing printed$18,768in magazines for the Pierre Company.The magazines were delivered on June15,along with an invoice for$5,760due July15.Per the contract negotiated by the Pierre
On June12,Carpenter Printing printed$18,768in magazines for the Pierre Company.The magazines were delivered on June15,along with an invoice for$5,760due July15.Per the contract negotiated by the Pierre Company with Carpenter Printing,$5,226will be invoiced in July and will be due August15;the remainder will be invoiced in August and will be due September15.On June18,Cecil Advertising Agency signed a contract with Carpenter Printing to print advertisements,paying$21,443in advance.$9,816in advertisements are contracted to be printed in June and$34,184in advertisements are contracted to be printed in July.On June30,$11,946of advertisements were printed and delivered to Cecil Advertising.On June30,$2,155of the$16,124in supplies remaining on May31have not been used.
Based on these transactions alone,what is the TotalRevenueon the Income Statementon June30?
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