Warren Mendoza, owner and proprietor of WEM Business Enterprise, had the following account balances on December...
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Warren Mendoza, owner and proprietor of WEM Business Enterprise, had the following account balances on December 31, 2018. Cash Tools Warren Mendoza, Capital Taxes Expense Supplies Used Rents Earned Utilities Expense Advertisements Garbage Expense Accounts Payable Notes Payable P 7,005 30,000 465,975 12,000 5,340 95,920 13,390 2,310 675 8,000 5,000 Total expenses Total assets Mortgage Payable Maintenance and Repair Superintendence Expense Total liabilities Salaries Equipment Furniture Building General Expense Insurance Expense Required: Based from the given balance sheet and income statement, compute for: Total revenue Land Interest Expense Total proprietorship 125,000 14,500 12,000 7,000 1,000 85,420 450,000 2,255 3,000 50,000 4,000 Warren Mendoza, owner and proprietor of WEM Business Enterprise, had the following account balances on December 31, 2018. Cash Tools Warren Mendoza, Capital Taxes Expense Supplies Used Rents Earned Utilities Expense Advertisements Garbage Expense Accounts Payable Notes Payable P 7,005 30,000 465,975 12,000 5,340 95,920 13,390 2,310 675 8,000 5,000 Total expenses Total assets Mortgage Payable Maintenance and Repair Superintendence Expense Total liabilities Salaries Equipment Furniture Building General Expense Insurance Expense Required: Based from the given balance sheet and income statement, compute for: Total revenue Land Interest Expense Total proprietorship 125,000 14,500 12,000 7,000 1,000 85,420 450,000 2,255 3,000 50,000 4,000
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Related Book For
Accounting Information Systems
ISBN: 978-0132552622
12th edition
Authors: Marshall B. Romney, Paul J. Steinbart
Posted Date:
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