E2-12,_E2-13 & 2-14

E2-12,_E2-13 & 2-14 - Accounting 340 Homework...

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Unformatted text preview: Accounting 340 Homework Solutions Spiceland 6 th Edition Exercises 2-12, 2-13 & 2-14 Exercise 2-12 December 31, 2011 Sales revenue............................................................................ 750,000 Interest revenue........................................................................ 3,000 ......................................................................Income summary .....................................................................................753,000 Income summary...................................................................... 576,000 ....................................................................Cost of goods sold .....................................................................................420,000 .......................................................................Salaries expense .....................................................................................100,000 ............................................................................Rent expense .......................................................................................15,000 ...............................................................Depreciation expense .......................................................................................30,000 ........................................................................Interest expense....
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E2-12,_E2-13 & 2-14 - Accounting 340 Homework...

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