Current Attempt in Progress These financial statement items are for Monty Company at year-end, July 31,...

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Current Attempt in Progress These financial statement items are for Monty Company at year-end, July 31, 2022. Salaries and wages payable $2,400 Notes payable (long-term) $1,700 Salaries and wages expense 51,600 Cash 15,000 Utilities expense 22,200 Accounts receivable 11,000 Equipment 31,900 Accumulated depreciation-equipment 5,500 Accounts payable 4,500 Dividends 3,100 Service revenue 61,100 Depreciation expense 4,500 Rent revenue 8,400 Retained earnings (beginning of the year) 20,800 Common stock 34,900 Current Attempt in Progress These financial statement items are for Monty Company at year-end, July 31, 2022. Salaries and wages payable $2,400 Notes payable (long-term) $1,700 Salaries and wages expense 51,600 Cash 15,000 Utilities expense 22,200 Accounts receivable 11,000 Equipment 31,900 Accumulated depreciation-equipment 5,500 Accounts payable 4,500 Dividends 3,100 Service revenue 61,100 Depreciation expense 4,500 Rent revenue 8,400 Retained earnings (beginning of the year) 20,800 Common stock 34,900

Answer rating: 100% (QA)

1 Income Statement Revenue Service Revenue 61100 Rent Revenue 8400 Total Revenue 69500 Expenses Sala... View the full answer