SP 12 Serial Problem Business Solutions (Indirect) (Algo) LO P2, P3 Sanjana Rey, owner of Business...
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SP 12 Serial Problem Business Solutions (Indirect) (Algo) LO P2, P3 Sanjana Rey, owner of Business Solutions, decides to prepare a statement of cash flows for her business using the following financial data BUSINESS SOLUTIONS Income Statement For Three Months Ended March 31, 2022 Computer services revenue Net sales Total revenue Cost of goods sold. Depreciation expense-Office equipment Depreciation expense-Computer equipment Wages expense Insurance expense Rent expense Computer supplies expense Advertising expense Mileage expense Repairs expense-Computer Total expenses Net income $ 14,852 310 1,190 2,450 555 1,875 1,295 590 290 $ 24,407 18,693 43,100 930 24,337 $18,763 SP 12 Serial Problem Business Solutions (Indirect) (Algo) LO P2, P3 Sanjana Rey, owner of Business Solutions, decides to prepare a statement of cash flows for her business using the following financial data BUSINESS SOLUTIONS Income Statement For Three Months Ended March 31, 2022 Computer services revenue Net sales Total revenue Cost of goods sold. Depreciation expense-Office equipment Depreciation expense-Computer equipment Wages expense Insurance expense Rent expense Computer supplies expense Advertising expense Mileage expense Repairs expense-Computer Total expenses Net income $ 14,852 310 1,190 2,450 555 1,875 1,295 590 290 $ 24,407 18,693 43,100 930 24,337 $18,763
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