Casual Cowboy Law Firm Income Statement
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Solved Below Are The Account Balances For Cowboy Law Firm.
Cowboy law firm income statement. Below are the account balances for Cowboy Law Firm at the end of December. Screenshot 21 Png Exercise 1 6 Prepare An Income. Accounts Balances Cash 5 400 Salaries expense 2 200 Accounts payable 3 400 Retained earnings 3 900 Utilities expense 1 200 Supplies 13 800 Service revenue 9 300 Common stock 6 000.
Use only the appropriate accounts to prepare an income statement. COWBOY LAW FIRM. Below are the account balances for Cowboy Law Firm at the end of December.
Total expenses Che 2 At the beginning of the year January 1 Buffalo Drilling has 12000 of common stock outstanding and retained earnings of 6500. Below are the account balances for Cowboy Law Firm at the end of December. Accounts Balances Cash 4900 Salaries expense 1950 Accounts payable 2900 Retained earnings 3950 Utilities expense 1000 Supplies 13300 Service revenue 8800 Common.
Salaries expense 1850 Utilities expense 1100 Total expense 2950 Net Income 5650. Accounts Balances Cash 5100 Salaries expense 2050 Accounts payable 3100 Retained earnings 4050 Utilities expense 1200 Supplies 13500 Service revenue 9000 Common stock 5700 Required. Hint Print COWBOY LAW FIRM Income Statement For the Period Ended December 31 References Expenses.
Below are the account balances for Cowboy Law Firm at the end of December. Below are the account balances for Cowboy Law Firm at the end of December. View Homework Help - homework 1xlsx from ACCT 2302 at Texas AM University San Antonio.
Use only the appropriate accounts to prepare an income statement. Guide To Preparing General Partnership Financial Statements. AccountsBalancesCash 4400Salaries expense1700Accounts payable2400Retained earnings4300Utilities expense1100Supplies12800Service revenue8300Common stock5000RequiredUse only the appropriate accounts to prepare an income statement.
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