Answered step by step
Verified Expert Solution
Link Copied!
Question
1 Approved Answer

X ACC 245 Chapter 3 Assignment . xsx File di Fort Help QQ f Find Grossman Total penses and Net Income for 2019 E G

image text in transcribed
image text in transcribed
image text in transcribed
X ACC 245 Chapter 3 Assignment . xsx File di Fort Help QQ f Find Grossman Total penses and Net Income for 2019 E G N O P R 12/31/19 $925.614.50 489,547.25 1 Who SUR Inc 2 Income Start 3 For the Mar Ended 4 Example 5 Sales Revenue S850,511.65 6 Less Cost of Goods Sold 4.2.619.87 Gross Martin 407891.78 8 Expenses D Advertising 20,65421 10 Depreciation 22,000.00 11 Interesi 40,346 24 12 Other 5.422 55 15 Payroll 115.365.11 14 23.541.25 15 Total Expenses 227.828.36 16 Net income before taxes 180.06.12 17 Income taves 6520 18 Net income IS114844.44 25,124.18 22,000.00 38,412.11 3.200.74 126.141.84 24,73314 (240,667.71) 69,451 14 SERRA 20 21 22 Find Gross margin, Total Expenses and Net Income for 2019 + - D E G 1 3 N 0 0 R X ACC 245 Chapter 3 Assignment.xlsx FeEd In Foma Help Qa Back Antigue - 6 12/01/2018 A c 1 Whor SUR Inc 2 Balance Sheet 3 as of 4 5 Assets 12/31/18 12/31/19 Cum Awit Card 55.41235 520,182.15 Accounts Receivable 66,365.79 102,424 9 Inventory 125,35145 152,154.21 10 Prepaid Expete 15.625.26 15.241.75 11 Supplies 10.245.15 9.877.65 12 Property. Plant, and Equipment 13 Land 120.000,00 120.000,00 14 Building 300.000,00 315.000.00 15 Equipment 95,000.00 105,000.00 15 Les Accred Deprecat168.000,00) (00.000,00) 17 Total 899.000.000.000,00 tii 19. Liabilities and Stockholders' Equity 20 Liabilities 21 Curent la 22 Accounts Payable $75,102.10 $66.095 32 ha the dating for Does, Shoes chromontemporai/ X ACC 245 Chapter 3 Assignment.xix QQ 12/31/2010 SA 0 E 1 14 June 300,000.00 315.000.00 15 quipment 95,000.00 105,000.00 16 Ac. Det (68,000.00 90.000,00) 17. To 000.000.000.00 11 10 abilities and Stockholders gut 20 bilis 21 Lube 22 Acun Pale 575.12.10 S Pamo La SOLO 23 Term Debe 00000000000 Woche Equy 21 Cock 1000000 7 Retained in 99,801 226.7247 w WOORSTROOOO BER

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image
Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Performance Auditing

Authors: Shrivastava A.

1st Edition

8131316254, 978-8131316252

More Books

Students explore these related Accounting questions