Maurice Tutor

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Category > Accounting Posted 12 Aug 2017 My Price 9.00

records of Cynatech

The following items and amounts are taken from the 2013 financial records of Cynatech. Prepare an income statement for the year ending December 31, 2013:

 

Prepaid rentAc€¦Ac€¦Ac€¦Ac€¦...................

$ 3,200

Salaries payableAc€¦Ac€¦........................

$ 6,000

EquipmentAc€¦Ac€¦Ac€¦Ac€¦Ac€¦Ac€¦..........Ac€¦.

29,000

Common stockAc€¦Ac€¦.......................Ac€¦

10,500

Salaries expenseAc€¦Ac€¦Ac€¦.......Ac€¦Ac€¦

42,000

Supplies expense.............................

4,700

Utilities expenseAc€¦Ac€¦.........Ac€¦Ac€¦Ac€¦

1,100

Retained earnings, Jan. 1, 2013.........

12,000

Dividends.....................................

7,600

Insurance expenseAc€¦Ac€¦Ac€¦..................

8,200

Accounts payableAc€¦Ac€¦Ac€¦Ac€¦.......Ac€¦

10,200

Service revenueAc€¦Ac€¦Ac€¦.....................

95,000

CashAc€¦Ac€¦Ac€¦Ac€¦Ac€¦Ac€¦Ac€¦Ac€¦Ac€¦Ac€¦.........

9,900

Repair expenseAc€¦Ac€¦Ac€¦......................

4,500

Accounts receivableAc€¦Ac€¦Ac€¦..........

9,500

Answers

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Status NEW Posted 12 Aug 2017 12:08 AM My Price 9.00

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