$12,000 $10,500 6,000 $3,900 Equlipment... Salarles expense Accounts recelvable.. Accounts payable. V. Rivera, Withdrawals Office supplies 9,000 Note recelvable 7,500 Consulting revenue 36,000 4,500 Rent expense .. 6,000 Cash 24,000 Rental revenue 1,500 Unearned revenue... 900 Utilities expense... Note payable 600 Advertising expense.. 1,200 7,200 Prepald Insurance.. 3,000
$12,000 $10,500 6,000 $3,900 Equlipment... Salarles expense Accounts recelvable.. Accounts payable. V. Rivera, Withdrawals Office supplies 9,000 Note recelvable 7,500 Consulting revenue 36,000 4,500 Rent expense .. 6,000 Cash 24,000 Rental revenue 1,500 Unearned revenue... 900 Utilities expense... Note payable 600 Advertising expense.. 1,200 7,200 Prepald Insurance.. 3,000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
Victoria Rivera owns and manages a consulting firm called Prisek, which began operations on July 1. On July 31, the company’s records show the following selected accounts and amounts for the month of July. Prepare a July income statement for the business.
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