BProblemsChapter 3-1

BProblemsChapter 3-1 - Problem 3-1 Not an expense for June...

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Unformatted text preview: Problem 3-1 Not an expense for June - not incurred. Expense for June Expense for June Expense for June Expense for June Not an expense for June - asset acquired. Problem 3-7 QED ELECTRONICS COMPANY Income Statement for the month of April, ----. Sales.................................................................................................................................................. $33,400 Expenses: Bad debts...................................................................................................................................... $ 645 Parts.............................................................................................................................................. 3,700 Interest.......................................................................................................................................... 880 Wages...........................................................................................................................................Wages....
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This note was uploaded on 12/07/2010 for the course ACCT 2030 taught by Professor Harris during the Spring '10 term at U. Memphis.

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