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Given the Income Statement columns and the Balance Sheet columns of the worksheet, prepare

Given the Income Statement columns and the Balance Sheet columns of the worksheet, prepare

Given the Income Statement columns and the Balance Sheet columns of the worksheet, prepare an income statement for the month ending July 31, 2014 for Foong Company.

 

Income StatementBalance Sheet

                 Debit    Credit     Debit    Credit

Cash10,000

Account Rec. 2,300

Office Supplies200

T. Foong, Capital11,000

T. Foong, With.500

Repair Fees3,300

Salaries Exp.900

Rent Expense500

Office Sup. Exp.100

Salaries Payable                    200      

1,5003,30013,00011,200

1,800       1,800

3,3003,30013,00013,000

Tripti 06-Dec-2019

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