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Rodriguez Company completed its income statement and balance sheet for current year and provided the following information: Income Statement for Current YearService revenue$51,600ExpensesSalaries$41,900Depreciation8,400Amortization of copyrights330Other
Rodriguez Company completed its income statement and balance sheet for current year and provided the following information:
Income Statement for Current YearService revenue$51,600ExpensesSalaries$41,900Depreciation8,400Amortization of copyrights330Other expenses10,30060,930Net loss$(9,330)
Partial Balance SheetCurrent YearPrior YearAccounts receivable$9,100$16,000Salaries payable14,1002,800Other accrued liabilities2,5006,600
In addition, Rodriguez bought a small service machine for $6,900.
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