Sunday
November 23, 2014

Homework Help: Accounting

Posted by Anonymous on Sunday, April 25, 2010 at 1:19pm.

The following are all of the accounts of Mean Green Company that have a balance at the end of August, the company's first month of operation:

Accounts receivable $11,000
Cash $10,100
Equipment 39,700
Advertising expense 3,000
Service revenues earned 32,000
Accounts payable 13,800
Rent expense 1,500
J. Mullins, withdrawals 2,000
Office supplies 2,300
Salaries expense 9,000
Notes payable 22,500
J. Mullins, capital 10,300
All accounts have normal balances. a) Calculate net income.____________________________________

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

Financial Accounting - Use the following information to answer multiple-choice ...
accounting II - A company has $314,000 in credit sales. The company uses the ...
accounting - P9-4A (a-d) Wall Inc. uses the allowance method to estimate ...
Accounting - Accounts receivable in the amount of 250,000 were assigned to the ...
accounting - initial investment in the company of $26,200 cash. Here are the ...
Accounting - On Dec 31, 2007, before adjusting entries, the blances of selected ...
accounting - On January 1, 2012, Lexmark Company's Accounts receivable account ...
accounting - Exercise 9-13: Accounts receivable turnover L.O. A1 The following ...
accounting - After the accounts are adjusted and closed at the end of the fiscal...
accounting - Part 5 Cash Budgeting Landis Company has the following sales ...

Search
Members