Seyedin_6-2B - Kristine Jun Problem 6-2B (#1) Financial...

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Kristine Jun Problem 6-2B (# Financial Accou Dr. Seyedin Drapery Land Co. Income Statement For the Year Ended July 31, 2010 Revenues: Net sales………………………………………………. Expenses: Cost of merchandise sold………………………………. $2,325,000 Selling expenses………. ..……………………………… 675,000 Administrative expenses……………………………. ..… 405,000 Interest expenses………………………………………. 15,000 Total expenses……………. .……………………. . Net Income………….………………………………………
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(#1) unting 1--Online $3,720,000 3,420,000 $300,000
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Kristine Jun Problem 6-2B (#2) Financial Accounting 1--Onlin Dr. Seyedin Drapery Land Co. Statement of Owner's Equity For the Year Ended July 31, 2010 Tanya Xavier, capital, August 1, 2009………………………. $1,312,250 Net income for the year……………….……………………. . $300,000 Less withdrawals…. ..………………………………………. 105,000
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This note was uploaded on 08/11/2010 for the course ACCT 1A taught by Professor Seyedin during the Spring '10 term at Foothill College.

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Seyedin_6-2B - Kristine Jun Problem 6-2B (#1) Financial...

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