Question

the second question

w Policies rrent Attempt in Progress Presented below is selected information related to Swifty Corporation at December 31, 2019. Swifty Corporation reports financial information monthly Accounts Payable 17,160 Cash 26,000 $3,120 Salaries and Wages Expense 9,360 Notes Payable 6,240 Rent Expense 56.160 Accounts Receivable 30,160 Dividends Advertising Expense Service Revenue 10,192 14,040 7,800 Equipment Determine the total assets of Swifty Corporation at December 2014 Total assets of Swifty Corporation $ e Textbook and Media Determine the net income that Swifty Corporation reported for December 2009 Net Income of Swifty Corporations

Answer 1

Answer: Net Income of swifty corporation $22,568

56160 Swifty Corporation Income Statement Service revenue Expenses: Salaries and wages Expense 17160 Rent Expense 10192 Advertising Expense 6240 Total Expense Net Income 33592 22568