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What is the amount of net income for Fleming company for the year ended December 31, 2017? FLEMING COMPANY Worksheet For the Year Ended December
What is the amount of net income for Fleming company for the year ended December 31, 2017?
FLEMING COMPANY Worksheet For the Year Ended December 31, 2017 Income Statement Balance Sheet Account No. 101 Account Titles Dr Cr. Dr. 8,900 10,800 2,800 24,000 Cr. Cash 112 Accounts Receivable 130 Prepaid Insurance Equipment 1 57 158 201 212 311 320 332 400 622 711 722 726 732 Accumulated Depreciation-Equip. Accounts Payable Salaries and Wages Payable Common Stock Retained Earnings 4,500 9,000 2,400 12,000 7,500 Dividends 11,000 Service Revenue Maintenance and Repairs Expense1,600 Depreciation Expense Insurance Expense Salaries and Wages Expense Utilities Expense 60,000 3,100 1,800 30,000 1,400 Totals Net Income 37,900 60,000 57,500 35,400 22,100 60,000 60,000 57,500 57,500 22,100 Step by Step Solution
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