Question

After adjusting entries, the balance sheets of Tukan Company showed the following asset and liability amounts at the end of 2011 and 2010:


The following amounts were taken from the 2011 income statement:
Insurance expense ......... $1,900
Wages expense .............. 9,750
Fees earned ................... 4,450
Calculate the amount of cash paid for insurance and wages and the amount of cash received for fees during2011.


$1.99
Sales0
Views43
Comments0
  • CreatedSeptember 10, 2014
  • Files Included
Post your question
5000