E 3-10 - EXERCISE 3-10 MONTEE CO Income Statement For the...

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Problem 3-1A 31-May Supplies Expense 900 Supplies 900 31-May Utlities Expense 250 AP 250 31-May Insurance Expense 150 Prepaid Insurance 150 31-May Unearned Service Revenue 1600 Service Revenue 1600 31-May Salaries and Wages Expense 1104 Salaries and Wages Payable 1104 31-May Depreciation Expense 190 Acc Dep Equipment 190 31-May AR 1700 Service Revenue 1700 Cash 4500 AR 7700 Supplies 1000 Prepaid Insurance 3450 Equipment 11400 Acc Dep Equipment 190 AP 4750 Unearned Service Revenue 400 Salaries and Wages Payable 1104 Owner's Capital 18700 Service Revenue 12800 Salaries and Wages Expense 7504 Rent Expense 900 Depreciation Expense 190 EXERCISE 3-10 MONTEE CO. Income Statement For the Month Ended July 31, 2017 Revenues Service revenue ($5,500 + $650) ............................. $6,150 Expenses Salaries and wages expense ($2,300 + $300) ......... $2,600
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