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Sav Co.

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Sav Co.'s Income Statement For the Month of April Revenue 15,590 Expenses: Wages Rent Depreciation Interest expense 10,840 760 650 57 12,307 Net income 3,283 Owners Equity For the Month of April Owner's capital as at April 1 Net income Less drawings 27,960 3,283 3,650 Owner's capital as at April 30 27,593 Sav Co. Balance Sheet as at April 30 Assets Amount ($) Non-Current Assets: Equipment cost 23,050 Accm. Dprn 4,900 Net book value 18,150 Current Assets: Cash Accounts receivables Prepaid rent 10,000 7,840 2,280 Total Assets 38,270 Liabilities and Capital Current liabilities: Accou ...
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Anonymous
Great content here. Definitely a returning customer.

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