The following balances are related to XYX LLC . Bank Balance 16,000 Purchases 195000 Return Inwards 4,000 Direct Wages 18000 Sales 425,000 Carriage Inwards 35000 Rent Received 20,100 Return Outwards 16000 Interest Revenue 15,600 Office Expense 19,500 Office Rent 15,000 Office Equipment Maintenance 6000 Salesman Salary 4,200 Sales Promotion Expense 4500 Internet Charges 800 Advertising Expense 18000 Opening Stock 85000 Office Insurance Expense 6,500 Dividend Income 18200 Commission Income 20400 Closing Stock 55,000 1- What will be the total Selling and distribution expense? 2- What will be the Total income 3- What will be the total office expense?

The following balances are related to XYX LLC . Bank Balance 16,000 Purchases 195000 Return Inwards 4,000 Direct Wages 18000 Sales 425,000 Carriage Inwards 35000 Rent Received 20,100 Return Outwards 16000 Interest Revenue 15,600 Office Expense 19,500 Office Rent 15,000 Office Equipment Maintenance 6000 Salesman Salary 4,200 Sales Promotion Expense 4500 Internet Charges 800 Advertising Expense 18000 Opening Stock 85000 Office Insurance Expense 6,500 Dividend Income 18200 Commission Income 20400 Closing Stock 55,000 1- What will be the total Selling and distribution expense? 2- What will be the Total income 3- What will be the total office expense?

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter4: The Adjustment Process

Section: Chapter Questions

Problem 2PB: To demonstrate the difference between cash account activity and accrual basis profits (net income),...

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bartleby, a Learneo, Inc. business

Bank Balance	16,000	Purchases	195000
Return Inwards	4,000	Direct Wages	18000
Sales	425,000	Carriage Inwards	35000
Rent Received	20,100	Return Outwards	16000
Interest Revenue	15,600	Office Expense	19,500
Office Rent	15,000	Office Equipment Maintenance	6000
Salesman Salary	4,200	Sales Promotion Expense	4500
Internet Charges	800	Advertising Expense	18000
Opening Stock	85000
Office Insurance Expense	6,500
Dividend Income	18200
Commission Income	20400
Closing Stock	55,000