Question
The income statement for the Four Oaks Golf Club Inc. for the month ended July 31 shows Service Revenue $17,110; Salaries and Wages Expense $8,770;
The income statement for the Four Oaks Golf Club Inc. for the month ended July 31 shows Service Revenue $17,110; Salaries and Wages Expense $8,770; Maintenance and Repairs Expense $4,360; and Income Tax Expense $1,460. The statement of retained earnings shows an opening balance for Retained Earnings of $23,600 and Dividends $1,680.
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Auditing
Authors: David Ricchiute
8th Edition
0324226292, 978-0324226294
