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3 dila, 3 le\'s C @Xina Kifi hus the icalk r irt 3 maFna tel1 alartra13 saxvetli

ID: 2540249 • Letter: 3

Question

3 dila, 3 le's C @Xina Kifi hus the icalk r irt 3 maFna tel1 alartra13 saxvetlik gh' Credit $ 1,280 2,500 2,800 3,500 14,500 Accounts Receivable Prepaid Insurance Notes Receivable (long-term) Equipment Accumulated Depreciation Accounts Payable Salaries and Wages Payable Income Taxes Payable Unearned Revenue Common Stock Retained Earnings Dividends Sales Revenue Rent Revenue Salaries and Wages Expense Depreciation Expense Utilities Expense Insurance Expense Rent Expense Income Tax Expense $3,600 5,920 1,250 3,400 700 2,900 1,200 350 46,530 350 22,600 1,800 4,720 1,900 6,500 3,400 Total $65,850 $65,850

Explanation / Answer

31-Dec Sales Revenue 46530 Rent Revenue 350         Income summary 46880 31-Dec Income summary 40920      Salaries and wages expense 22600      Depreciation 1800      Utilities expense 4720       Insurance expense 1900       Rent expense 6500       Income tax expense 3400 31-Dec Income summary 5960       Retained Earnings 5960 31-Dec Retained Earnings 350        Dividends 350