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Unformatted text preview: Internet / supplies / promotion / service charges / Bad debt exp Other Revenue Interest Revenue Other Expenses Interest expenses Loss on trade-in Net income before tax Less:Income tax expenses Net income after tax Balance sheet TIME ASSETS current asset cash / AR/ less:allowance for d a / Inventory/ interest receivable / supplies / note receivable Total current asset Fixed asset building / Less: AA, vending machine / Less AA , equipment / less AA Total fixed assets Total assets Liabilities and shareholder's Equity Liablities A/P, Salaries payable, mortgage payable, unearned revenue, income tax payable, Total liabilities Share holder's equity Common stock /Retained earnings Total L and SH eq lib&owner's equity Revenue section Loss in trade-in...
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