01-14Ex_5e_s

Survey of Accounting (Available Titles Cengagenow)

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Exercise 1-14 Name: Section: Score: 0% Answers are entered in the cel s with gray backgrounds. Cells with non-gray backgrounds are protected and cannot be edited. A red asterisk (*) wil appear in the column to the right of an incorrect answer. IDYLLWILD SERVICES Income Statement For the Month Ended August 31, 2010 Fees earned Operating expenses: Total operating expenses Instructions
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Exercise 1-14 Name: SOLUTION Section: Score: See student sheet for student's score. Scoring: ON Answers are entered in the cel s with gray backgrounds.
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Unformatted text preview: Cells with non-gray backgrounds are protected and cannot be edited. A red asterisk (*) wil 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 Miscel aneous expense 17,500 Total operating expenses 448,000 Net income $352,000 Instructions...
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This note was uploaded on 11/04/2011 for the course ACC 121 taught by Professor Thomas during the Winter '08 term at Baker MI.

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01-14Ex_5e_s - Cells with non-gray backgrounds are...

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