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Using the following data for Supratech Company, what is Supratech's net income or (net loss) for the month ended August 31? (All accounts may not
Using the following data for Supratech Company, what is Supratech's net income or (net loss) for the month ended August 31? (All accounts may not be utilized.) Accounts Receivable $ 6,800 Supplies $ 95 Vehicle 13,000 Consulting Fees 22,325 Cash 22,000 Rent Expense 2,500 Accounts Payable 16,595 Utilities Expense 425 Travel Expense 1,500 Mr. Slate, Capital 14,000 Wages Expense 4,800 Mr. Slate, Drawing 1,800
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