The manager of World Series Inc. earned an annual salary of $80 but has not yet been paid.

Please fill out these boxes:

for ALL of these boxes, you can choose - which indicates that none of the answers are applicable

Balance Sheet

cash asset box: -80, 80

Non-cash assets box 1: -80, 80

Non-cash assets box 2: Prepaid salary, salary. expense, salary payable, retained earnings

Liabilities box 1:- -80, 80

Liabilities box 2: Prepaid salary, salary. expense, salary payable, retained earnings

contrib capital box 1: -80, 80

contrib capital box 2: common stock, Prepaid salary, salary. expense, salary payable, retained earnings

earned capital box 1: -80, 80

earned capital box 2: common stock, Prepaid salary, salary. expense, salary payable, retained earnings

Income Statement

revenues box 1: 80 or -

revenues box 2: Salary payable, Salary expense

expenses box 1: 80 or -

expenses box 2: Salary payable, Salary expense

net income: -80, 80

The manager of World Series Inc. earned an annual salary of $80 but has not yet been paid. Balance Sheet: Income Statement