
The following is an alphabetical list of data from the records of Slemko Bookkeeping Corporation at September 30, 2015.
Accounts payable |
$2,000 |
Repair revenue |
$6,550 |
Accounts receivable |
6,000 |
Rent expense |
400 |
Advertizing expense |
50 |
Salaries expense |
2,350 |
Cash |
700 |
Supplies expense |
100 |
Share capital |
5,000 |
Telephone expense |
75 |
Equipment |
2,000 |
Truck operating expense |
325 |
Maintenance expense |
250 |
Wages expense |
1,100 |
Dividend |
400 |
Required:
- Prepare an income statement and statement of changes in equity for the month ended September 30, 2015. Record the expenses on the income statement in alphabetical order. Assume no share capital was issued during the month.
- Prepare a balance sheet at September 30.
- 1894 reads