Quick and EZ Delivery   Income Statement   Year Ended December 31, 2018 Revenues:   Service Revenue $192,000Expenses:   Salaries Expense$65,000  Rent Expense9,000  Interest Expense7,600  Insurance Expense2,600           Total Expenses  Net Income   Choose from any list or enter any number in the input fields and then click Check Answer. 2parts remaining  Clear AllFinal Check   Data TableLand$12,000 Common Stock$20,000Notes Payable34,000 Accounts Payable9,000Property Tax Expense3,100 Accounts Receivable1,300Dividends35,000 Advertising Expense10,000Rent Expense9,000 Building139,600Salaries Expense65,000 Cash2,200Salaries Payable1,400 Equipment13,000Service Revenue192,000 Insurance Expense2,600Office Supplies13,000 Interest Expense7,600Retained Earnings, Dec. 31, 201757,000

Question
Asked Mar 1, 2019
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Quick and EZ Delivery
 
 
 
Income Statement
 
 
 
Year Ended December 31, 2018
 
Revenues:
 
 
 
Service Revenue
 
$192,000
Expenses:
 
 
 
Salaries Expense
$65,000
 
 
Rent Expense
9,000
 
 
Interest Expense
7,600
 
 
Insurance Expense
2,600
 
 
 
 
 
 
 
 
 
 
 
Total Expenses
 
 
Net Income
 
 
 
Choose from any list or enter any number in the input fields and then click Check Answer.
 
2
parts remaining
 
 
Clear All
Final Check
 
 
 
Data Table
Land
$12,000
 
Common Stock
$20,000
Notes Payable
34,000
 
Accounts Payable
9,000
Property Tax Expense
3,100
 
Accounts Receivable
1,300
Dividends
35,000
 
Advertising Expense
10,000
Rent Expense
9,000
 
Building
139,600
Salaries Expense
65,000
 
Cash
2,200
Salaries Payable
1,400
 
Equipment
13,000
Service Revenue
192,000
 
Insurance Expense
2,600
Office Supplies
13,000
 
Interest Expense
7,600
Retained Earnings, Dec. 31, 2017
57,000
 
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