3,608
Notes payable
169
Prepaid insurance
94
Retained earnings (beginning)
1,600
Salaries and wages expense
666
Salaries and wages payable
256
Sales revenue
5,208
Stock investments (short-term)
1,274
Prepare an income statement for Ramirez Enterprises for the year
ended April 30, 2014.
Problem 2-2A
These items are taken from the financial statements of Tresh
Corporation for 2014.
Retained earnings (beginning of year)
$34,462
Utilities expense