The company El Primero, S.A. presents the following balances as of March 31, 200X with which it
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The company "El Primero, S.A." presents the following balances as of March 31, 200X with which it is requested to Prepare the income statement and the balance sheet. The company began operations on January 1 of the same year. ACCOUNT BALANCE Bank $300 Building 1,300 guarantee deposits 15 Administration expenses 95 clients like that Organization expenses 70 cost of sales 320 Other products 15 providers 140 financial expenses 20 land 250 Selling expenses 110 Office furniture and equipment 470 Other expenses 10 Sales 900 Share capital 2,000 financial products 5 Warehouse 120 Sundry creditors 90
Related Book For
Financial Accounting an introduction to concepts, methods and uses
ISBN: 978-0324789003
13th Edition
Authors: Clyde P. Stickney, Roman L. Weil, Katherine Schipper, Jennifer Francis
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