Using the following information please prepare an income statement Patent Revenue $24,000.00 Pharmacy Revenue $25,000.00 Laboratory Revenue $27,000.00 Operating Room Revenue $30,000.00 Imaging Revenue $55,000.00 Depreciation Expense $1,000.00 Salary Expense $15,000.00 Rent Expense $8,000.00 Supplies Expense $8,500.00 Utilities Expense $12,000.00 Using the following information please prepare a statement of cash flow Revenue forServices $75,000.00 Checks written to Vedors $25,000.00 Payment to employees $10,000.00 Cash, beginning of year $50,000.00 Purhase new equipment $35,000.00 Loan Repayment $17,500.00
Using the following information please prepare an income statement Patent Revenue $24,000.00 Pharmacy Revenue $25,000.00 Laboratory Revenue $27,000.00 Operating Room Revenue $30,000.00 Imaging Revenue $55,000.00 Depreciation Expense $1,000.00 Salary Expense $15,000.00 Rent Expense $8,000.00 Supplies Expense $8,500.00 Utilities Expense $12,000.00 Using the following information please prepare a statement of cash flow Revenue forServices $75,000.00 Checks written to Vedors $25,000.00 Payment to employees $10,000.00 Cash, beginning of year $50,000.00 Purhase new equipment $35,000.00 Loan Repayment $17,500.00
Chapter11: Long-term Assets
Section: Chapter Questions
Problem 5PA: Jada Company had the following transactions during the year: Purchased a machine for $500,000 using...
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Using the following information please prepare an income statement | ||||
Patent Revenue | $24,000.00 | |||
Pharmacy Revenue | $25,000.00 | |||
Laboratory Revenue | $27,000.00 | |||
Operating Room Revenue | $30,000.00 | |||
Imaging Revenue | $55,000.00 | |||
$1,000.00 | ||||
Salary Expense | $15,000.00 | |||
Rent Expense | $8,000.00 | |||
Supplies Expense | $8,500.00 | |||
Utilities Expense | $12,000.00 | |||
Using the following information please prepare a statement of cash flow | ||||
Revenue forServices | $75,000.00 | |||
Checks written to Vedors | $25,000.00 | |||
Payment to employees | $10,000.00 | |||
Cash, beginning of year | $50,000.00 | |||
Purhase new equipment | $35,000.00 | |||
Loan Repayment | $17,500.00 |
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