Tnese finanCial statemer ems are for Sa mpany at year-end, July 31, Salaries and wages payable $2,300 Notes payable (long-term) $1,800 Salaries and wages expense 51,500 Cash 14,300 Utilities expense 23,000 Accounts receivable 10,400 Equipment 29,000 Accumulated depreciation-equipment 6,400 Accounts payable 4,700 Owner's drawings 3,200 Service revenue 60,800 Depreciation expense 4,300 Rent revenue 8,400 Owner's Capital (beginning of the year) 51,300
Tnese finanCial statemer ems are for Sa mpany at year-end, July 31, Salaries and wages payable $2,300 Notes payable (long-term) $1,800 Salaries and wages expense 51,500 Cash 14,300 Utilities expense 23,000 Accounts receivable 10,400 Equipment 29,000 Accumulated depreciation-equipment 6,400 Accounts payable 4,700 Owner's drawings 3,200 Service revenue 60,800 Depreciation expense 4,300 Rent revenue 8,400 Owner's Capital (beginning of the year) 51,300
College Accounting, Chapters 1-27
23rd Edition
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter6: Financial Statements And The Closing Process
Section: Chapter Questions
Problem 9SPA: STATEMENT OF OWNERS EQUITY The capital account for Autumn Chou, including an additional investment,...
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