Land |
3,208 |
Mortgage payable |
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 . | |
These items are taken from the financial statements of Tresh | |
Corporation for 2014 . | |
Retained earnings | |
( beginning of |
$ 34,462 |
year ) | |
Utilities expense |
2,128 |
Equipment |
69,462 |
Accounts payable |
23,048 |
Cash |
12,343 |
Salaries and wages payable |
4,884 |
Common stock |
12,000 |
Dividends |
12,000 |
Service revenue |
71,415 |
Prepaid insurance |
5,384 |
Maintenance and repairs expense |
1,672 |
Depreciation expense |
3,189 |