CENTER for the calendar year 200A: P 1,200 8,000 P 85,000 Notes Receivable 12,000 Notes Payable 16,600 Interest Income 18,540 Tel. & Telegrams Expense 21,500 Interest Expense 10,000 Postage & Stamps Expense 21,460 Insurance Expense 30,000 Car 20,000 Utilities Expense 78,560 Supplies Expense 8,900 Massage Equipment 21,000 Rental Income E. Liwanag Capital Office Equipment Accounts Payable Cash 360 1,250 220 Tools 50 E. Liwanag Drawing Accounts Receivable Mortgage Payable Loan Payable (short-term) Service Income Furniture & Fixtures Salaries Expense 4,100 84,700 160 3,150 36,290 6,000 Prepare a single-step Statement of Comprehensive Income for MAGINHAWA SERVICE CENTER for the year ended December 31, 200A

CENTER for the calendar year 200A: P 1,200 8,000 P 85,000 Notes Receivable 12,000 Notes Payable 16,600 Interest Income 18,540 Tel. & Telegrams Expense 21,500 Interest Expense 10,000 Postage & Stamps Expense 21,460 Insurance Expense 30,000 Car 20,000 Utilities Expense 78,560 Supplies Expense 8,900 Massage Equipment 21,000 Rental Income E. Liwanag Capital Office Equipment Accounts Payable Cash 360 1,250 220 Tools 50 E. Liwanag Drawing Accounts Receivable Mortgage Payable Loan Payable (short-term) Service Income Furniture & Fixtures Salaries Expense 4,100 84,700 160 3,150 36,290 6,000 Prepare a single-step Statement of Comprehensive Income for MAGINHAWA SERVICE CENTER for the year ended December 31, 200A

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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