Below are accounts for Alex Bern Spa, a service business, for the ended, December 31, 2019. Prepare a single-step Statement of Comprehensive Income with Notes. year Depreciation Expense - Building. Depreciation Expense - Equipment Dividends Income P15,000 .5,000 15,000 10,000 ..2,000 .1,000 .3,000 ..6,000 .5,000 85,000 30,000 .155,000 454,000 .5,000 Gain on Sale of Equipment Insurance Expense. Interest Expense - Loan. Interest Expense – Mortgage. Interest Income, Loss on Sale of Furniture. Rent Expense. Rent Income. Salaries Expense Service Revenue. Supplies Expense
Below are accounts for Alex Bern Spa, a service business, for the ended, December 31, 2019. Prepare a single-step Statement of Comprehensive Income with Notes. year Depreciation Expense - Building. Depreciation Expense - Equipment Dividends Income P15,000 .5,000 15,000 10,000 ..2,000 .1,000 .3,000 ..6,000 .5,000 85,000 30,000 .155,000 454,000 .5,000 Gain on Sale of Equipment Insurance Expense. Interest Expense - Loan. Interest Expense – Mortgage. Interest Income, Loss on Sale of Furniture. Rent Expense. Rent Income. Salaries Expense Service Revenue. Supplies Expense
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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
Transcribed Image Text:Below are accounts for Alex Bern Spa, a service business, for the year
ended, December 31, 2019. Prepare a single-step Statement of
Comprehensive Income with Notes.
Depreciation Expense - Building.
Depreciation Expense - Equipment
Dividends Income
.P15,000
..5,000
15,000
10,000
Gain on Sale of Equipment.
Insurance Expense.
Interest Expense - Loan
Interest Expense – Mortgage.
Interest Income..
...2,000
Loss on Sale of Furniture.
Rent Expense.
Rent Income.
Salaries Expense
Service Revenue..
.1,000
3,000
6,000
.5,000
85,000
30,000
155,000
454,000
Supplies Expense.
.5,000
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