Question
The assets and liabilities of Thompson computer services at March 31st the end of Current year, and it's revenue and expenses for the year are
The assets and liabilities of Thompson computer services at March 31st the end of Current year, and it's revenue and expenses for the year are listed below the common stock was a $120000 they return learnings where $60000 at April 1st the beginning of the current year during the year shareholders purchased an additional $25000 in stock accounts payable is $2000 accounts receivable as $10340 Cash is $21420 fees earned $78340 land $47000 building $157630 misc exp 300 office exp 470 supplies 1670 wages exp 25,320 dividends is 16570. Please put in an income statement.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started