Dry Dry Cleaning Cleaning Wages Rent Supplies Truck Utilities Misc. + Revenue Exp. Exp. Exp. Exp. Exp. Exp. Exp. – – – – – – – Bal. (a) Bal. (b) Bal. (c) + 32,125 Bal. 32,125 (d) 6,000 – Bal. 32,125 6,000 – (e) Bal. 32,125 6,000 – (f) Bal. 32,125 6,000 – (g) + 84,750 Bal. 116,875 6,000 – (h) 29,500 – Bal. 116,875 29,500 6,000 – – (i) 7,500 2,500 1,300 – – – Bal. 116,875 29,500 7,500 6,000 2,500 1,300 – – – – – (j) Bal. 116,875 29,500 7,500 6,000 2,500 1,300 – – – – – (k) 3,600 – Bal. 116,875 29,500 7,500 6,000 3,600 2,500 1,300 – – – – – – (l) Bal. 116,875 29,500 6,000 3,600 2,500 1,300 2,700 – – – – – – Prob.1-5A(Continued) 3. D'LITEDRYCLEANERS IncomeStatement FortheMonthEndedJuly31,2019 Drycleaningrevenue $116,875 Expenses: Drycleaningexpense $29,500 Wagesexpense 7,500 Rentexpense 6,000 Suppliesexpense 3,600 Truckexpense 2,500 Utilitiesexpense 1,300 Miscellaneousexpense 2,700
+ Dry Cleaning Revenue – Dry Cleaning Exp. – Wages Exp. – Rent Exp. – Supplies Exp. – Truck Exp. – Utilities Exp. – Misc. Exp. Bal. (a) Bal. (b) Bal. (c) + 32,125 Bal. 32,125 (d) – 6,000 Bal. 32,125 – 6,000 (e) Bal. 32,125 – 6,000 (f) Bal. 32,125 – 6,000 (g) + 84,750 Bal. 116,875 – 6,000 (h) – 29,500 Bal. 116,875 – 29,500 – 6,000 (i) – 7,500 – 2,500 – 1,300 Bal. 116,875 – 29,500 – 7,500 – 6,000 – 2,500 – 1,300 (j) Bal. 116,875 – 29,500 – 7,500 – 6,000 – 2,500 – 1,300 (k) – 3,600 Bal. 116,875 – 29,500 – 7,500 – 6,000 – 3,600 – 2,500 – 1,300 (l) Bal. 116,875 – 29,500 – 6,000 – 3,600 – 2,500 – 1,300 – 2,700 Prob.1-5A(Continued) 3. D'LITEDRYCLEANERS IncomeStatement FortheMonthEndedJuly31,2019 Drycleaningrevenue $116,875 Expenses: Drycleaningexpense $29,500 Wagesexpense 7,500 Rentexpense 6,000 Suppliesexpense 3,600 Truckexpense 2,500 Utilitiesexpense 1,300 Miscellaneousexpense 2,700
Solution-Manual-for-Financial-Accounting-15th-Edition-by-Warren.docx