Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. the following is the alphabetical list of asstes,

The following is the alphabetical list of asstes, liabilities, revenues and expenses of the Keykin...

70.2K

Verified Solution

Question

Accounting

The following is the alphabetical list of asstes, liabilities, revenues and expenses of the Keykin Inc. Perpare an Income statement for the year ended September 30,2020
Accounts payable $2,800 Notes Payables $4,000
Accounts recievable $ 5,400 Rent Expenses $10,000
Advertising Expense $ 3,600 Salary Expenses $12,100
Cash $9,100 Salary Payable $900
Cost of good sold $31,700 Sales Revenue $75,000
Inventory $7,900 Supplies $1,800
Interest Expenses $800 Utility Expenses $700
why supplies is not included on expenses in you answer?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Statistics
1.2K views

Convert the following binomial distribution problems to normal distribution problems. Use the correction for continuity. a. P(x...

Basic Math
1.2K views

Anita created a batch of green paint by mixing 2 ounces of blue paint with...

Algebra
1.2K views

Without graphing, classify the system as independent, dependent, or inconsistent.12y - 3x = 218y =...

Algebra
1.2K views

Question 4 18 points The equation for compound interest is A P er t where...

Algebra
1.2K views

Convert the following angle to decimal degree notation 26 36 Points 0 of 1 26...

Accounting
1.2K views

Pronghorn Corporation has outstanding 1,800 $1,000 bonds, each convertible into 60 shares of $10 par...

Accounting
1.2K views

Explain what is meant by the term " an organisation's culture."

Accounting
1.2K views

10. How many equivalent units of conversion costs are in 20,000 physical units of product...

Accounting
1.2K views

can someone please give me the right answer instead of talking about church ...

Accounting
1.2K views

Preparing Common Size Statements The financial statements for Venus Industries follow: Venus Industries Consolidated Income...

Accounting
1.2K views

2 Witt Corp. has outstanding at December 31, 1996, two long-term borrowings with annual sinking...

Finance
1.2K views

3. (20 points) (Present Worth Analysis) A battery manufacturing plant has been ordered to cease...