Genius

Melges Company to prepare entries to close the revenue

Melges Company to prepare entries to close the revenue



Use the following income statement for the year 2011 for Melges Company to prepare entries to close the revenue and expense accounts for the company.
Service revenue		€90,300
Expenses:
	Salaries Expense	€40,000
	Rent Expense	25,000,
	Insurance Expense	    6,500
		Total expenses		    71,500
Net income (loss)		€18,800




Business Management Assignment Help, Business Management Homework help, Business Management Study Help, Business Management Course Help
Answered
Other / Other
31 Mar 2016

Answers (1)

  1. Genius

    Melges Company to prepare entries to close the revenue

    Melges Company to prepare entries to close the revenue ****** ******
    To see full answer buy this answer.
    Answer Attachments

    1 attachments —

    • img
      41273816.docx

Report As Dispute

Share Your Feedback

Give Review : A+ A B C D F