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revenue expenses income summary drawing account The ledger accounts of AXX Internet Company appear as follows on March 31, 2019: OUNT BALANCE $ 64,000 35,
revenue expenses income summary drawing account
The ledger accounts of AXX Internet Company appear as follows on March 31, 2019: OUNT BALANCE $ 64,000 35, 760 9,000 23, 400 102,000 NO ACCOUNT 101 Cash 111 Accounts Receivable 121 Supplies 131 Prepaid Insurance 141 Equipment Accumulated Depreciation-Equipment 142 39,720 202 Accounts Payable 301 Aretha Hinkle, Capital 302 Aretha Hinkle, Drawing 401 Fees Income 11,400 114,000 11,400 308,200 Depreciation Expense-Equipment 510 19,560 511 Insurance Expense 514 Rent Expense 517 Salaries Expense 518 Supplies Expense 519 Telephone Expense 523 Utilities Expense 9,800 31,400 150,000 4,000 5,200 7,800 All accounts have normal balancesStep by Step Solution
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