P4 - 2,600 $7,600 Withdrawals Owner's Capital January 31,...

Info iconThis preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon
Unique Ad Income Statement For the Year Ended January 31, 2010 Revenues: Advertising Service Revenue $165,200 Expenses: Equipment Rental Expense $37,200 Marketing Expense 6,800 Salaries Expense 86,000 Supplies Expense 19,100 Office Rent Expense 13,500 Total Expenses 162,600 Net Income $2,600
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Unique Ad Statement of Owner's Equity For the Year Ended January 31, 2010 Owner's Capital January 31, 2009 $5,000 Net income for the year
Background image of page 2
Background image of page 3
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: 2,600 $7,600 Withdrawals Owner's Capital January 31, 2010 $7,600 Unique Ad Balance Sheet January 31, 2010 Assets Liabilities Cash $1,800 Accounts Payable $19,400 Account Receivable 24,900 Salaries Payable 1,300 Supplies 1,600 Total Liabilities $20,700 Owner's Equity Owner's Capital 7,600 Total assets $28,300 Total Liabilities and owner's equity $28,300...
View Full Document

Page1 / 3

P4 - 2,600 $7,600 Withdrawals Owner's Capital January 31,...

This preview shows document pages 1 - 3. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online