Using the following data for Heavenly Futures Company, prepare an income statement for the month ended August 31. Telephone expense   $1,150 Cash   3,000 Accounts payable   1,540 Jason Heavenly, drawing   800 Fees earned   15,700 Rent expense   1,400 Supplies   140 Accounts receivable   1,500 Computer equipment   20,000 Jason Heavenly, capital (August 1)   14,320 Wages expense   4,800 Utilities Expense   750 Notes payable   2,400 Office expense   420     Heavenly Futures CompanyIncome StatementFor the Month Ended August 31     $- Select - Expenses:       $- Select -     - Select -     - Select -     - Select -     - Select -   Total expenses   fill in the blank 13     $- Select -

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Using the following data for Heavenly Futures Company, prepare an income statement for the month ended August 31.

Telephone expense  
$1,150
Cash  
3,000
Accounts payable  
1,540
Jason Heavenly, drawing  
800
Fees earned  
15,700
Rent expense  
1,400
Supplies  
140
Accounts receivable  
1,500
Computer equipment  
20,000
Jason Heavenly, capital (August 1)  
14,320
Wages expense  
4,800
Utilities Expense  
750
Notes payable  
2,400
Office expense  
420

 

 

Heavenly Futures CompanyIncome StatementFor the Month Ended August 31

 
  $- Select -
Expenses:    
 
$- Select -  
 
- Select -  
 
- Select -  
 
- Select -  
 
- Select -  
Total expenses   fill in the blank 13
 
  $- Select -
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