sam morated Steve Camon minn. The companies Web ents The do the com acou obecor of cases and for the what you to help prentar income to this www te the Canada Revenue A CRAI The company munted at the records and developed the following statement for the ended Deel 2020 Extreme Gaming ud. Income and Expense Statement 2020 Sent development fees collected 1.650.400 We fees collected 275.000 forms paid Developer wages paid 59.250 Orient 163.000 Equiment rent 475.000 Utilities 7250 Teitohone 43.250 157500 Adini expenses Profit to the Since the movement was prepared on 100% a you red that it would not be acceptable to CRA Consequently your conducted an imation of the records of the current year as well the previous you discovered the following or the $1.650.400 of software Development fees collected in 2020 $156,600 was for work performed in 2019. On December 31, 2020 uncollected Software Development fees for work performed during 2020 were 14,350 The company provides web hosting services on a monthly basta conto 51.250 per month At December 31, 2020 only 522.500 of the fees paid were for services up to the end of the fiscal year d. When the company bean business in 2015 tentered into 10 year agreement with Office Supplies in to rent all of the computer equipment The monthly rental costs are $35.000, paid at the end of each month e in December 2020 it sind an agreement to rent one piece of equipment. The equipment was delivered on Dec 1.2020, however the first monthly fease payment of $1.600 wasn't paid until January 1, 2021 1. Office rent is cold at the rate of $13.500 per month on the of each month for the previous month On December 31, 2020. a count of supplies inventory indicated 55,600 w on hand. It was estimated that on January 1, 2020, supplies inventory ! $2.100 was on hand. h. Administrative staff started March 1.2020 On December 31, 2020 wag Award March 1, 2000. De 400 red The ideal for December, 2020 Weed to be $6.500 were unpaid at the end of 2019 ther than the founder det sed ad dudents of month for 2020 The text for the corporation is 20% and taxes love been paid to date 030 Art I. Por an income statement for 2020 on an icra hasi gormu pl Use the same categories of expenses as the initial income statement and show your wors/calculations to support any changes in amounts from the statement prepared by the booker 2 cuts the benefits and shortcomings of a CashBased Accounting System sam morated Steve Camon minn. The companies Web ents The do the com acou obecor of cases and for the what you to help prentar income to this www te the Canada Revenue A CRAI The company munted at the records and developed the following statement for the ended Deel 2020 Extreme Gaming ud. Income and Expense Statement 2020 Sent development fees collected 1.650.400 We fees collected 275.000 forms paid Developer wages paid 59.250 Orient 163.000 Equiment rent 475.000 Utilities 7250 Teitohone 43.250 157500 Adini expenses Profit to the Since the movement was prepared on 100% a you red that it would not be acceptable to CRA Consequently your conducted an imation of the records of the current year as well the previous you discovered the following or the $1.650.400 of software Development fees collected in 2020 $156,600 was for work performed in 2019. On December 31, 2020 uncollected Software Development fees for work performed during 2020 were 14,350 The company provides web hosting services on a monthly basta conto 51.250 per month At December 31, 2020 only 522.500 of the fees paid were for services up to the end of the fiscal year d. When the company bean business in 2015 tentered into 10 year agreement with Office Supplies in to rent all of the computer equipment The monthly rental costs are $35.000, paid at the end of each month e in December 2020 it sind an agreement to rent one piece of equipment. The equipment was delivered on Dec 1.2020, however the first monthly fease payment of $1.600 wasn't paid until January 1, 2021 1. Office rent is cold at the rate of $13.500 per month on the of each month for the previous month On December 31, 2020. a count of supplies inventory indicated 55,600 w on hand. It was estimated that on January 1, 2020, supplies inventory ! $2.100 was on hand. h. Administrative staff started March 1.2020 On December 31, 2020 wag Award March 1, 2000. De 400 red The ideal for December, 2020 Weed to be $6.500 were unpaid at the end of 2019 ther than the founder det sed ad dudents of month for 2020 The text for the corporation is 20% and taxes love been paid to date 030 Art I. Por an income statement for 2020 on an icra hasi gormu pl Use the same categories of expenses as the initial income statement and show your wors/calculations to support any changes in amounts from the statement prepared by the booker 2 cuts the benefits and shortcomings of a CashBased Accounting System
