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    MUKESH KAPILA's Avatar
    MUKESH KAPILA Posts: 1, Reputation: 1
    New Member
     
    #1

    Jun 18, 2017, 04:41 PM
    Accounting Question
    Purchased house-$400,000
    Paid in cash-$30,000
    Loan -$370,000
    Loan paid-$30,000

    Rent received weekely-$400
    Insurance-$1000
    Rates and taxes-$1000
    Repair and maintanance-$1000
    Interest on loan-$15,000

    Make profit and loss account and balance sheet
    ma0641's Avatar
    ma0641 Posts: 15,675, Reputation: 1012
    Uber Member
     
    #2

    Jun 19, 2017, 05:42 AM
    Sorry, we don't do your homework.

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