The following is an alphabetical list of data from the records of Kenyon Services Corporation at March 31, 2015.
|
Accounts payable |
$9,000 |
Equipment rental expense |
$500 |
|
Accounts receivable |
3,900 |
Fees earned |
4,500 |
|
Advertizing expense |
300 |
Insurance expense |
400 |
|
Cash |
3,100 |
Interest expense |
100 |
|
Share capital |
2,000 |
Truck operating expense |
700 |
|
Equipment |
5,000 |
Wages expense |
1,500 |
Required:
- Prepare an income statement and statement of changes in equity for the month ended March 31, 2015. Record the expenses in alphabetical order. Assume no share capital was issued during the month.
- Prepare a balance sheet at March 31.
- 1869 reads
