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The balance sheets of Mark Company include the following: Dec 31, 2021 Dec 31, 2020 Interest Receivable $6,300 $ -0- Supplies 5,000 3,500 Wages Payable
The balance sheets of Mark Company include the following:
Dec 31, 2021 Dec 31, 2020
Interest Receivable $6,300 $ -0-
Supplies 5,000 3,500
Wages Payable 3,600 3,800
Unearned Revenue -0- 4,000
The income statement for 2021 shows the following:
Interest Revenue $20,400
Service Revenue 41,700
Supplies Expense 8,700
Wages Expense 37,000
Instructions
Calculate the following for 2021:
a) Cash received for interest.
b) Cash paid for supplies.
c) Cash paid for wages.
d) Cash received for services.
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