HW for Sept 17

HW for Sept 17 - PROBLEM23A MAXIM ENTERPRISES Income...

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PROBLEM 2-3A (a) MAXIM ENTERPRISES Income Statement For the Year Ended April 30, 2007 Revenues. ........................................................................ $3,600 Expenses Cost of good sold. .................................................. $990 Wages expense . ..................................................... 700 Interest expense. .................................................... 400 Depreciation expense. ............................................ 335 Selling expenses. .................................................... 210 Income tax expense. ............................................... 165 Total expenses. ............................................... 2,800 Net income. ..................................................................... $ 800 MAXIM ENTERPRISES Retained Earnings Statement For the Year Ended April 30, 2007 Retained earnings, May 1. ............................................. $1,600
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HW for Sept 17 - PROBLEM23A MAXIM ENTERPRISES Income...

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