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700 720 Debit Credit Cash R$ 5,190 Accumulated Depreciation-equipment Accounts Receivable 480 Prepaid Rent Notes...

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Accounting

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700 720 Debit Credit Cash R$ 5,190 Accumulated Depreciation-equipment Accounts Receivable 480 Prepaid Rent Notes Payable 4,000 Supplies 920 Accounts Payable 790 Equipment 12,000 Salaries and Wages Payable 300 Dividends 500 Interest Payable 40 Salaries and Wages Expense 7,400 Unearned Rent Revenue 400 Rent Expense 1,200 Share Capital ---Ordinary 11,200 Depreciation Expense Service Revenue 11,360 Supplies Expense 160 Rent Revenue 900 Utilities Expense 380 Interest Expense R$29,690 R$29,690 (a) Determine the net income for the month June 2017. (b) Determine the total assets and total liabilities at June 30, 2017, for Johnson and Johnson. (c) Determine the amount that appears for Retained Earnings at June 30, 2017 700 40

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