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Payments made or received during 2012 Insurance premiums paid 12000 Rental payments made 15000 Interest collected 10000 Interest Paid 7000 Salaries Paid 18000 The following
Payments made or received during 2012 | ||||
Insurance premiums paid | 12000 | |||
Rental payments made | 15000 | |||
Interest collected | 10000 | |||
Interest Paid | 7000 | |||
Salaries Paid | 18000 | |||
The following balances are excerpted from the Company's balance sheets | ||||
12/31/12 | 12/31/11 | |||
Prepaid Insurance | 1800 | 1300 | ||
Prepaid Rent | 2500 | 3200 | ||
Interest Receivable | 3200 | 3800 | ||
Interest Payable | 3300 | 2800 | ||
Salaries Payable | 9000 | 11000 | ||
Insurance expense? | ||||
Rent Expense? | ||||
Interest Revenue? | ||||
Interest Expense? | ||||
Salary Expense? |
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