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Question 4 Alma Zodiach started an intemer ceny and has computed the first year's profit as shown below. She is distressed. She thought the business
Question 4 Alma Zodiach started an intemer ceny and has computed the first year's profit as shown below. She is distressed. She thought the business had been going faidly well but dues sol know we can live on the mager prull the company has med. She is cumeidering going out of res. Aldrei have any formal training in accounting Butece took a 4-hour senior on the subject. That semimpressed on her the portance nf keeping detailed and accurate records. All the steps below are accuato, he there may be other problems that you can mily. Zordic.com Profits I Made the First Year Cash collected from comes Actos Aceivablyserend Tulas $173,400 18.200 $191,000 Exp Mure contributed to start the Timm Purchase of furnishings & cupen Pustuse of ollice supplies Bors un teollice Iman from the bank was paid to employees Advertising and puta Miss Tural expuses Print $ 15,000 28,500 1.500 13.000 WIRD 76.200 24.380 11,300 119.40 SI After talking with Alms, you cover the following almal in emiti. 1. Wlan purchipe, the office furnishings and comprave an expected useful life ul Syears. That istimale still appears. 2. All olieples te became up 3. The rent amount includes $1.000 paid in advance to the first month of Year 2 + Half of the advertering and evention amount is for a campaign that will begin mettes Repaired: 1. Study the information he and propea Del Sieme making all changes you believe are appropriate mark 2. Prepare a classified Islance Sheet 13 musi Pages
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