On April 1st, the company Littleco, Ltd showed the following balance sheet During the month...
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Accounting
On April 1st, the company Littleco, Ltd showed the following balance sheet
During the month of April the revenues and expenses of the company were the following All accounts receivable have been collected All accounts payable listed on the 1st of April Balance sheet have been settled. Recorded revenues for $222,500 paid in cash
Recorded salary expenses for 52,000 paid in cash Recorded depreciation expense for the computers for $1,800
Recorded water expense for $3,200 payable in May Recorded insurance expense for $1,000 1: Prepare the income statement of the company for the month of April 2022
2: Prepare the closing entries on the general journal of the company 3: Prepare a balance sheet of Littleco, Ltd. at April 1st
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