Thursday 8 November 2012

The adjusted trial balance figures for Todd’s Consulting Service follow (for October 31st, 2009). Use these account balance figures to generate an income statement for the business for the end of the month: Cash - $7,000 A/R - $3,500 Rent Expense - $2,000 Wage Expense - $3,000 A/P - $1,000 Service Revenue $7,500 Interest Revenue - $50 TH, Capital - $7,000

The adjusted trial balance figures for Todd’s Consulting Service follow (for October 31st, 2009).

Use these account balance figures to generate an income statement for the business for the end

of the month:

Cash - $7,000

A/R - $3,500

Rent Expense - $2,000

Wage Expense - $3,000

A/P - $1,000

Service Revenue $7,500

Interest Revenue - $50

TH, Capital - $7,000



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