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jolinemars
Nov 14, 2011, 06:59 PM
Balances, May 1 $14,000 2,000 4,800 32,800 6,000 47,600 - -
Paid for utilities (880) 880
New balances 13,120 2,000 4,800 32,800 6,000 47,600 0 880
Sold services for cash 4,880 4,880
New balances 18,000 2,000 4,800 32,800 6,000 47,600 4,880 880
Paid a creditor (1,600) (1,600)
New balances 16,400 2,000 4,800 32,800 4,400 47,600 4,880 880
Sold services on credit 2,400 2,400
New balances 16,400 4,400 4,800 32,800 4,400 47,600 7,280 880
Paid salaries (8,400) 8,400
New balances 8,000 4,400 4,800 32,800 4,400 47,600 7,280 9,280
Paid telephone bill (304) 304
New balances 7,696 4,400 4,800 32,800 4,400 47,600 7,280 9,584
Withdrew cash for personal
Expenses (2,000) (2,000)
New balances 5,696 4,400 4,800 32,800 4,400 45,600 7,280 9,584



I am doing an income statement if my revenues fees and income total 958,400 and my expenses total 9584 what is my net loss?