Matthew_McCoy_P3-2 - MatthewMcCoy P32 Dec.31...

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Matthew McCoy P3-2 Dec. 31 Accounts receivable 3,500 Unearned advertising revenue 1,400           Advertising revenue Dec. 31 Art supplies expense 5,400             Art supplies Dec. 31 Insurance expense 850           Prepaid Insurance Dec. 31 Depreciation expense 5,000           Accumulated depreciation Dec. 31 Interest expense 150           Interest payable Dec. 31 Salaries expense 1,300           Salaries payable                                        MASON ADVERTISING AGENCY                                                   Income Statement                                                  December 31, 2010 Revenues    Advertising revenue Expenses    Salaries expense 11,300    Insurance expense 850    Interest expense 500    Depreciation expense
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This note was uploaded on 09/24/2011 for the course ACCT 330 taught by Professor Sheik during the Spring '11 term at Mountain State.

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Matthew_McCoy_P3-2 - MatthewMcCoy P32 Dec.31...

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