BA415L1A9 - Income Statement For Month Ended June 30,...

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BA415 Lesson #1 Assignment #9 ASSETS LIABILITIES > Cash Furniture Crystal Ball Accounts Rec. Prepaid Ins. Accounts Payable Notes Payable > 1. 3000 > 2. -500 2000 1500 > 3. -700 > 4. -300 300 > 5. -500 500 > 6. 2500 > 7. 2000 > 8. -500 > 9. 600 -600 > 10. 2500 2500 > 11. -500 -500 > 12. -300 > 13. -151 > > > 5149 2000 300 1400 500 1000 2500 > < OWNER'S EQUITY < Ella: Plus Capital Ella: Less Drawing Plus Revenue Less Expense Item Description <1 3000 <2 <3 700 Rent <4 <5 <6 2500 <7 2000 <8 500 Wages <9 <10 <11 <12 300 <13 151 Ad/Util/Repairs < < 3000 300 4500 1351 Balanced Equation $9349.00 Madame Ella FORTUNE TELLING
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Unformatted text preview: Income Statement For Month Ended June 30, 20--Revenue: Fortune telling fees $4500.00 Expenses: Rent expense $700.00 Wage expense 500.00 Advertising expense 60.00 Utilities expense 39.00 Repairs expense 52.00 Total expenses 1351.00 Net Income $3149.00 Madame Ella FORTUNE TELLING Statement of Owner's Equity For Month Ended June 30, 20--Madame Ella, Capital June 1, 20-- $3000.00 Net income for June $3149.00 Less withdrawals for June 300.00 Increase in capital 2849.00 Madame Ella, Capital June 30, 20-- $ 5849.00...
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This note was uploaded on 08/06/2011 for the course BA 415 taught by Professor Lady during the Spring '11 term at Andrew Jackson.

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BA415L1A9 - Income Statement For Month Ended June 30,...

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