Nombre:______________________________ Asignacin#3 Contabilidad Intermedia 201 Fecha:_____________ The Income Statement MULTIPLE CHOICE 1. Which of

prepare a current asset section of the balance sheet, of prepaid insurance 200, accrued salries 150, patty cash ?, investment in trading securitues 1200, total current assetes 4560, cash 600, inventory at sales value (cost=1,500) 2,100, unearned rent 40, allowance for bad debts 150, office supplies 110, accounts receivable 800.

And multiple-step  income statement for operating expenses 1,000, sales revenue 5,000, finished good inventory January 1, 2015 1,500, purchased 1,200, interest revenue 100, extraordinary pre-tax) 400, finished good inventory ?, income tax expenses 642.

my test for tomorow at 6:00 is  

UMET Company gathered the following condensed data for the year ended December 31, 2016:

                  Cost of goods sold                      $   742,000

                  Net sales                                       1,350,000

                  Administrative expenses                  239,000

                  Interest expense                                 58,000

                  Dividend revenue                               38,000

                  Loss from employee strike               223,000

                  Selling expenses                                45,000

Instructions

1.   Prepare a single-step income statement for the year ended December 31, 2016.

2.   Prepare a multiple-step income statement for the year ended December 31, 2016.

wiil drap file for the other even I did the other want to make sure I have the right answer.  Also I do I look If the have something similar, of this I just start with your course heroa and I dont understant to much about it CAN YOU HELP 

Balance sheetCurrent asset $ Prepaid insurance 200 Petty cash 900 Cash 600 Inventory 2,100 Office supplies 110 Accounts receivable (800 – 150) 650 Total current assets 4,560 Bernie’s Boxes…







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