bmsmith
Mar 29, 2009, 03:36 PM
so this is my assignment for my class and i have ran through most of it, but feel like i have been screwing this up and wonder if someone could help me figure out the right income statement,equity, and balance sheet. here is the info i have for it
Cash 106,890
Advertising Exp 23,050
Accnts Receivable 18,500
Office cupplies expense 7,600
office supplies 9,000
rent expense 14,620
prepaid insurance 3.960
insurance expense 5,080
office equip 85,000
interest exp 2730
accum depreciation 34,000
Salary exp 76,070
Accunt payable 22,000
Depreciation exp 10,000
Interest payable 1,500
Consulting fees earned 175,500
salary payable 9,000
Fresno Withdraw 7,500
unearned consulting fees 18,000
Fresno Capital 54,000
Long-Term notes payable 56,000
please help
Cash 106,890
Advertising Exp 23,050
Accnts Receivable 18,500
Office cupplies expense 7,600
office supplies 9,000
rent expense 14,620
prepaid insurance 3.960
insurance expense 5,080
office equip 85,000
interest exp 2730
accum depreciation 34,000
Salary exp 76,070
Accunt payable 22,000
Depreciation exp 10,000
Interest payable 1,500
Consulting fees earned 175,500
salary payable 9,000
Fresno Withdraw 7,500
unearned consulting fees 18,000
Fresno Capital 54,000
Long-Term notes payable 56,000
please help





