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points *This account has a credit balance representing the portion of the cost of the equipment used in the past. X 00:50:41 eBook a. Received
points *This account has a credit balance representing the portion of the cost of the equipment used in the past. X 00:50:41 eBook a. Received $14,500 cash for consulting services rendered. b. Issued 60 additional shares of common stock at a market price of $145 per share. c. Purchased $1,140 of office equipment, paying 25 percent in cash and owing the rest on a short-term note. d. Received $1,140 from clients for consulting services to be performed in the next year. e. Bought $970 of supplies on account f. Incurred and paid $2,550 in utilities for the current year. g. Consulted for clients in the current year for fees totaling $2,120, due from clients in the next year. h. Received $3,680 from cllents paying on their accounts. i. Incurred $6,710 in salaries in the current year, paying $6,050 and owing the rest (to be paid next year). J. Purchased $1,730 in short-term Investments and paid $1,050 for insurance coverage beginning in the next fiscal year. k. Received $35 in interest revenue earned in the current year on short-term investments. Required: Prepare in good form an unadjusted classified income statement for the current year ended December 31. (Ignore income taxes.) (Enter your answer in thousands, not in dollars.) CONOVER, INC. Income Statement (unadjusted) Operating revenues: Total operating revenues Operating expenses: Total operating expenses Other item
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