The company El Segundo, S.A. presents the following balances as of April 30, 200X with which it
Question:
The company "El Segundo, S.A." presents the following balances as of April 30, 200X with which it is requested to
Prepare an income statement and situation statement financial. The company began operations on March 1 of the same year.
ACCOUNT BALANCE Other products
$10 Warehouse
390 Providers
75 Selling expenses
130 Banks
150 Computer equipment
110 Sales
1,020 Other expenses
15 Installation costs
60 Administration expenses
165 Notes receivable
40 Cost of sales
410 Office furniture and equipment
230 Financial products
40 share capital
725 AC COUNT BALANCE Sundry creditor
$230 Financial expenses
40 Clients
60 Guarantee deposits
20 Investments in securities
College Accounting A Contemporary Approach
ISBN: 978-0077639730
4th edition
Authors: David Haddock, John Price, Michael Farina