Bus 210 hw1

Bus 210 hw1 - Supplies 2400 Equipment 29000 Total Assets...

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Name Amount Total Revenue 7000 Expenses Advertising expense 400 Supplies Expense 1000 Gas and Oil 600 Utilities Expense 300 Wage Expense 1400 Total Expenses 3700 Net Income $3,300  Retained Earnings statemnt Amount Retained Earnings, june 1 0 Add: Net Income 3300 3300 Less: Dividends 2000 Retained Earnings, June 30 $1,300  Assets Amount Cash 4600 Account Recievable 4000
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Unformatted text preview: Supplies 2400 Equipment 29000 Total Assets $40,000 Liabilities Amount Total Note payable 12,000 Accounts Payable 500 Total Liabilities $12,500 Stockholders Equity Amount total Retained earnings 1300 Common Stock 26200 Total stockholder Equity 27500 Total liabilities and stock holder equity $40,000...
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This note was uploaded on 04/06/2010 for the course WST 301 taught by Professor Kandi during the Spring '10 term at Suffolk.

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