Unit 2 Homework Accounting

Unit 2 Homework Accounting - A red asterisk (*) will appear...

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Exercise 1-1 1. Manufacturing Business 2. A service 3. Manufacturing Business 4. Manufacturing Business 5. A service 6. Merchandise 7. Merchandise 8. A service 9. A service 10. Manufacturing Business 11. Merchandise 12. A service 13. A service 14. Merchandise 15. Manufacturing Business
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Exercise 1-6 A. 30,394 B. 163,514 C. 9192
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Exercise 1-12 1. C 2. D 3. C 4. C 5. C 6. B 7. D 8. D 9. D 10. D
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Exercise 1-14 Name: Section: Score: 0% Answers are entered in the cells with gray backgrounds. Cells with non-gray backgrounds are protected and cannot be edited.
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Unformatted text preview: A red asterisk (*) will appear in the column to the right of an incorrect answer. IDYLLWILD SERVICES Income Statement For the Month Ended August 31, 2010 Fees earned $800,000 Operating expenses: Wages expense $380,000 Rent expense 42,200 Supplies expense 8,300 Miscellaneous expense 7,500 Total operating expenses 437,800 Net income $362,200 Instructions...
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Unit 2 Homework Accounting - A red asterisk (*) will appear...

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