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 market value of a bond is equal to: The present value of all future cash payments provided by a bond The present value of all future interest payments provided by a bond The pr

You are considering whether or not to go to graduate school. Well... there are many things to consider, of course, such as the type of job you would thus get, the opportunity to li

Which of the following actions are most likely to directly increase cash as shown on a firm's balance sheet? Explain and state the assumptions that underlie your answer. 1. It i

Puts - A put is an option to sell a number of shares of stock at a stated price within a definite period. Gain or loss on a put is short or long term depending on holding period of

Adjusting Entries Clapton Guitar Company entered into the following transactions during 2013. [The transactions were properly recorded in permanent (balance sheet) accounts unless

Profit is not cash flow: Adequate cash is essential to keep business running. Inadequate cash increases the risk of not being able to meet current obligations as and when the

Q. Andy Eggers has invested $150,000 in a privately held family corporation. The corporation does not do well and must declare bankruptcy. What amount does Eggers stand to lose? a.

Purchases office supplies on account costing $12,600 during July. It pays $5,500 for these purchases during July and the remainder during August. Office supplies on hand on July 1

what is consolidation and its features?

Deferred taxation is caused by timing differences that arise when a transaction is recognized differently for accounting and tax purposes; for i.e, capital expenditure, that invol