Q.6 Selected accounts of Omega Electronics are listed along with their balances before closing at...
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Q.6 Selected accounts of Omega Electronics are listed along with their balances before closing at June 30, 2021. Accounts payable $127,300 Accounts receivable. $ 48,600 Accumulated depreciation- store equipment 16,400 A. L. Carson, capital, June 30 69,100 A. L. Carson, withdrawals .11,000 Cash 24,300 Cost of goods sold 360,900 General expense 75,800 Interest payable 3,000 Interest revenue 1,200 Inventory 187,300 Note payable, long-term 160,000 Salary payable. 6,100 Sales discounts 8,300 Sales returns and allowances .7,900 Sales revenue 556,600 Selling expense 84.600 Store equipment 126,000 Supplies .. 4,300 Unearned sales revenue 9,300 Prepare Omega Electronics' multi-step income statement for the month ended June 30, 2021. (05)
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