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P4-3C.As the bookeeper of Maritime Internet Access Service of Amherst,use the information that follows to prepapre: check figure data Bet Income $4,872 1. A worksheet
P4-3C.As the bookeeper of Maritime Internet Access Service of Amherst,use the information that follows to prepapre:
1. A worksheet for August, the end of the first quarter in the current fiscal year 2. An income statement for August, a statement of owner's equity for August, and a balance sheet as of August 31, 2021. Note: this statement represents three months of activity. Adjustment Data a. Two-thirds of the prepaid insurance remains prepaid at month-end. b. Computer supplies on hand, $268. c. Depreciation on computer equipment is based on the straight-line method, a four-year life, and residual value of $1,400 d. Wages earned but unpaid amounted to 64 hours at $15 per hour at month-end. e. Advertising bill received, not yet paid, $245 check figure data
Bet Income $4,872
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