Prepare a statement of profit or loss, the statement of changes in equity , E4-17B These financial
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Prepare a statement of profit or loss, the statement of changes in equity ,
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E4-17B These financial statement items are for Herrera Company at year-end, July 31, 2017. Salaries and wages payable $1,800 Notes payable (long-term) Salaries and wages expense 39,000 Cash 3,600 Utilities expense Equipment Accounts pavable Sales Cost of sales 26,500 3,600 58,000 20,000 Accounts receivable Accumulated depr.-equip. Owner's drawings Depreciation expense Owner's capital (beginning of the year) $ 2,000 13,300 21,200 5,400 3,600 16,200 S 45,000 E4-17B These financial statement items are for Herrera Company at year-end, July 31, 2017. Salaries and wages payable $1,800 Notes payable (long-term) Salaries and wages expense 39,000 Cash 3,600 Utilities expense Equipment Accounts pavable Sales Cost of sales 26,500 3,600 58,000 20,000 Accounts receivable Accumulated depr.-equip. Owner's drawings Depreciation expense Owner's capital (beginning of the year) $ 2,000 13,300 21,200 5,400 3,600 16,200 S 45,000
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Financial Accounting and Reporting
ISBN: 978-1292162409
18th edition
Authors: Barry Elliott, Jamie Elliott
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