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Using the following information please prepare an income statement           Patent Revenue $24,000.00       Pharmacy Revenue $25,000.00       Laboratory Revenue $27,000.00       Operating Room Revenue $30,000.00       Imaging Revenue $55,000.00                 Depreciation Expense $1,000.00       Salary Expense $15,000.00       Rent Expense $8,000.00       Supplies Expense $8,500.00       Utilities Expense $12,000.00                           Using the following information please prepare a statement of cash flow           Revenue forServices $75,000.00       Checks written to Vedors $25,000.00       Payment to employees $10,000.00       Cash, beginning of year $50,000.00       Purhase new equipment $35,000.00       Loan Repayment $17,500.00

Using the following information please prepare an income statement           Patent Revenue $24,000.00       Pharmacy Revenue $25,000.00       Laboratory Revenue $27,000.00       Operating Room Revenue $30,000.00       Imaging Revenue $55,000.00                 Depreciation Expense $1,000.00       Salary Expense $15,000.00       Rent Expense $8,000.00       Supplies Expense $8,500.00       Utilities Expense $12,000.00                           Using the following information please prepare a statement of cash flow           Revenue forServices $75,000.00       Checks written to Vedors $25,000.00       Payment to employees $10,000.00       Cash, beginning of year $50,000.00       Purhase new equipment $35,000.00       Loan Repayment $17,500.00

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Using the following information please prepare an income statement
         
Patent Revenue $24,000.00      
Pharmacy Revenue $25,000.00      
Laboratory Revenue $27,000.00      
Operating Room Revenue $30,000.00      
Imaging Revenue $55,000.00      
         
Depreciation Expense $1,000.00      
Salary Expense $15,000.00      
Rent Expense $8,000.00      
Supplies Expense $8,500.00      
Utilities Expense $12,000.00      
         
         
Using the following information please prepare a statement of cash flow
         
Revenue forServices $75,000.00      
Checks written to Vedors $25,000.00      
Payment to employees $10,000.00      
Cash, beginning of year $50,000.00      
Purhase new equipment $35,000.00      
Loan Repayment $17,500.00      
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