Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. the following is the alphabetical list of asstes,

The following is the alphabetical list of asstes, liabilities, revenues and expenses of the Keykin...

80.2K

Verified Solution

Question

Accounting

The following is the alphabetical list of asstes, liabilities, revenues and expenses of the Keykin Inc. Perpare an Income statement for the year ended September 30,2020
Accounts payable $2,800 Notes Payables $4,000
Accounts recievable $ 5,400 Rent Expenses $10,000
Advertising Expense $ 3,600 Salary Expenses $12,100
Cash $9,100 Salary Payable $900
Cost of good sold $31,700 Sales Revenue $75,000
Inventory $7,900 Supplies $1,800
Interest Expenses $800 Utility Expenses $700

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

In 2005, Keenan Company paid dividends totaling $ 3,600,000 over a net profit of $ 10.8...

Finance
Q

Calculate the PH of 1.00 L of a buffer that is 0.130 M HNO2 and 0.170...

Chemistry
Q

The advantage of excreting wastes as urea rather than as ammonia is thaturea requires less...

Biology
Q

https rogo nottingham ac uk paper start php id 23949160977807391429 dont record true 9 Which...

Physics
Q

How many years will it take $1,000 to grow to $1,500 if it is invested...

Basic Math
Q

Find the first partial derivatives of the function z x sin xy z x z...

Calculus
Q

X The equation r t 3 cos t i 3 sin t j 9t k...

Calculus
Q

Production, direct materials, and direct labor budgets Gerrad Manufacturing has projected sales of its product...

Accounting
Q

Question 1 (6 points) Your firm recently reported $895,000 in net income. Your firm typically...

Finance
Q

Describe a company and identify whether it would prepare a schedule of cost of goods...

Accounting
Q

3. Calculate total debt ratio of Prufrock Corporation 0 2012 Chango 90 +$ 14 pa...

Finance
Q

1-A project requires an investment of $100 today. The present value of the projects expected...

Finance