1. issued common stock of $2000 2. purchased $600 Of supplies on account 3. earned 6,000 of revenue on account 4. collec
Posted: Sun Jun 05, 2022 7:30 pm
1. issued common stock of $2000
2. purchased $600 Of supplies on account
3. earned 6,000 of revenue on account
4. collected 5.5K from AR
5. paid 1.2k for contact beginning feb 1, 2012
6. paid $100 cash dividend
7. supplies on hand dec 31, 2012 = $100
8. made adjusting entry necessary to recognize rent expense
- net income reported dec. 31, 2012 would be on the income statement?
- total assets dec 31, 2012 balance sheet?
- retained earnings dec 31, 2012 bs?
- net cash flow from operating on statement of cash flow?
2. purchased $600 Of supplies on account
3. earned 6,000 of revenue on account
4. collected 5.5K from AR
5. paid 1.2k for contact beginning feb 1, 2012
6. paid $100 cash dividend
7. supplies on hand dec 31, 2012 = $100
8. made adjusting entry necessary to recognize rent expense
- net income reported dec. 31, 2012 would be on the income statement?
- total assets dec 31, 2012 balance sheet?
- retained earnings dec 31, 2012 bs?
- net cash flow from operating on statement of cash flow?