Advertising Expense 500 accounts receivable 16000 c) cash capital stock Cash 200000 800000 capital stock 500 note payable 12000 land 600 building office equipment office supplies accounts payable Advertising Expense client service revenue note payable land accounts receivable 100000 150000 salaries expense 550000
d) prepare the finacial statements
650000 Elaine consulting
income statement for february 2015 building office equipment 60000 client service revenue less: Advertising Expense salaries expense profit
Elaine consulting office supplies accounts payable statement of finnacial position 200 800 at 28 february 2015 600 Assets cash office supplies account receivable office equipment 0 building land total assets Advertising Expense client service revenue 14000 16000
