Question
prepare a income statement, owners equity, and balance sheet for joe Dadi repair shop for october 31, 2015. the assets include cash 9700, accounts 12900,
prepare a income statement, owners equity, and balance sheet for joe Dadi repair shop for october 31, 2015.
the assets include cash 9700, accounts 12900, the supplies 8000, the equipment 6000,the prepaid insurance 5420. the liabilities are accounts payable 15000, unearned revenue 1950, salary payable 900.and capital will be calculated when revenue is. l need help with calculating revenue, the revenue is 85145 and the expenses are 107600, 2500, 6210, 2000, 2000, 1000. the capital is 68435.
please help me prepare a income statement, owner's equity, and balance sheet for the company joe Dadi, october 31, 2015.
The assets are cash 9700, the accounts receivable 12900, the supplies 8000, the equipment 6000, the prepaid insurance 5420. the liabilities are accounts payable 15,000, the unearned revenue is 1950, the salaries payable is 900. For the income statement the revenue is 85145, the expenses are salaries expense 107600, prepaid expense 2500, rent expense 6210, supplies expense 2000, deprecation expense 2000, interest expense is 1000. for owner's equity the drawings are 8100, capital that was 68435.
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