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  • TNT Cleaning Service Owned by Sole Proprietor Kathy Terwilliger Has

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    Muhammad Shahid
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    TNT Cleaning Service, owned by sole proprietor Kathy Terwilliger, has been operating for 20 years. Financial records for 2009 show $150,000 in cleaning service revenue received in cash that year, and $16,000 in revenue for services provided in 2009 but to be received in 2010. Expenses for 2009 include $97,000 in wages paid that year and $5,775 to be paid in 2010, along with $525 in fuel, $9,025 in advertising, and $18,500 in supplies expenses.

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    Tnt Cleaning Service Owned by Sole Proprietor Kathy Terwilliger Has

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    TNT Cleaning Service, owned by sole proprietor Kathy Terwilliger, has been operating for 20 years. Financial records for 2009 show $150,000 in cleaning service revenue received in cash that year, and $16,000 in revenue for services provided in 2009 but to be received in 2010. Expenses for 2009 include $97,000 in wages paid that year and $5,775 to be paid in 2010, along with $525 in fuel, $9,025 in advertising, and $18,500 in supplies expenses.

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    © All Rights Reserved
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    9 views1 page

    TNT Cleaning Service Owned by Sole Proprietor Kathy Terwilliger Has

    Uploaded by

    Muhammad Shahid
    TNT Cleaning Service, owned by sole proprietor Kathy Terwilliger, has been operating for 20 years. Financial records for 2009 show $150,000 in cleaning service revenue received in cash that year, and $16,000 in revenue for services provided in 2009 but to be received in 2010. Expenses for 2009 include $97,000 in wages paid that year and $5,775 to be paid in 2010, along with $525 in fuel, $9,025 in advertising, and $18,500 in supplies expenses.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
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    TNT Cleaning Service owned by sole proprietor Kathy

    Terwilliger has #6970


    TNT Cleaning Service, owned by sole proprietor Kathy Terwilliger, has been operating for 20
    years. The following financial items were determined for the fiscal year ended December 31,
    2009:Cleaning Service Revenue (cash received in 2009) ....................................
    $150,000Cleaning Service Revenue (services provided in 2009 with cash to be received in
    2010) ....................................................................... 16,000Wages expense (2009 expense paid
    in 2009) .............................................. 97,000Wages expense (2009 expense to be paid in
    2010) ........................................ 5,775Fuel expense
    ....................................................................................... 525Advertising expense
    ........................................................................... 9,025Supplies expense
    .............................................................................. 18,500Required:Prepare an income statement
    for TNT Cleaning Service for 2009.View Solution:
    TNT Cleaning Service owned by sole proprietor Kathy Terwilliger has

    ANSWER
    http://paperinstant.com/downloads/tnt-cleaning-service-owned-by-sole-proprietor-kathy-
    terwilliger-has/

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