Income statement,Statement of RetainedEarnings,Balance Sheet, Financial Accounting

given the following information:
cash-171,100
accounts receivable-9400
prepaid studio rent-3000
unexpired insurance-7200
supplies-500,equipment-18,000
accumulated depreciation-7200
notes payable-10,000
accounts payable-3,200
salaries payable-4000
incomes taxes payable-6000
unearned studio revenue-8800
capital stock-100,000
retained earnings-40,000
dividends-165,000
studio earned revenue-165,000
salary expense-85,000
supply expense-3900
rent expense-12,000
insurance expense-1900
advertising expense-1800
interest expense-900
income taxes expense-23,000
Posted Date: 11/2/2012 6:34:24 PM | Location : Trinidad and Tobago







Related Discussions:- Income statement,Statement of RetainedEarnings,Balance Sheet, Assignment Help, Ask Question on Income statement,Statement of RetainedEarnings,Balance Sheet, Get Answer, Expert's Help, Income statement,Statement of RetainedEarnings,Balance Sheet Discussions

Write discussion on Income statement,Statement of RetainedEarnings,Balance Sheet
Your posts are moderated
Related Questions
The functional currency method (formerly temporal method) Under this method, the branch is considered to be an extension of the head office and this is reflected by the trading

On December 31, 2014, Santana Company has $7,194,600 of short-term debt in the form of notes payable to Golden State Bank due in 2015. On January 28, 2015, Santana enters into a re

Tracing trust property   Apart from suing the trustee, in the event of a breach of trust, the beneficiary may follow the trust property and recover it from third parties, or the p

The following income statement items appeared on the adjusted trial balance of Schembri Manufacturing Corporation for the year ended December 31, 2013 ($ in 000s): sales revenue, $

This lab assignment will correspond to developing a cash flow budget with an operating loan. There is on lab exercise listed below. Additionally, there are two assignment questions

The comparative balance sheet of Portable Luggage Company at December 31, 2008 and 2007, is as follows An examination of the income statement and the accounting records revealed th

A company that uses the perpetual inventory system purchased $8,500 worth of inventory on September 25. Terms of the purchase were 2/10, n/30. The invoice was paid in full on Octob

Purchase price $2.15 Exercised Price: $37.50 Currently Trading at $37.00 In order to make the decision on the best course of action, two tables of calculations are needed:

#Which of the two ratios are the greatest? 1.67.1 or 0.29.1

Complete the table and use the information to determine profit maximization or loss minimization. 1. Complete the table Normal 0 false false false EN-I