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Other Fields Homework Help Accounting Topic started by: harra on Sep 19, 2017



Title: On January 1, 2014, Brad Thomas invested $30,000 in Thomas Repairs. During 2014, Brad withdrew ...
Post by: harra on Sep 19, 2017
On January 1, 2014, Brad Thomas invested $30,000 in Thomas Repairs. During 2014, Brad withdrew $17,000 for personal use. Thomas Repairs reports the following balances on December 31, 2014:

Accounts receivable   $ 9,000
Accounts payable   4,200
Service revenue   25,550
Land   4,000
Rent expense   4,500
Note payable   3,800
Supplies   900
Brad Thomas, Capital, Jan. 1, 2014   0
Salary expense   9,650
Cash   18,500
Brad Thomas, Withdrawals   17,000

Prepare an income statement for the year ended December 31, 2014.


Title: Re: On January 1, 2014, Brad Thomas invested $30,000 in Thomas Repairs. During 2014, Brad withdrew ...
Post by: Kryzen on Sep 19, 2017
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Title: Re: On January 1, 2014, Brad Thomas invested $30,000 in Thomas Repairs. During 2014, Brad withdrew ...
Post by: harra on Dec 31, 2017
thank you × a million