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Check my Required information [The following information applies to the questions displayed below.) Carmen Camry operates a c
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Answer #1
Income Statement of Help today for the Month of August
Help today
Income Statement
Amount in ($)
Income:-
Dividends 6000
Consulting fees earned 27000
Total (A) 33000
Expense less:-
Rent expense 9550
Salaries expense 5600
Telephone expense 860
Miscellaneous expense 520
Total (B) 16530
Net surplus/(Deficit) 16470
Note :-
(1) As depreciation rate not provided in Question, so calculation of depreciation is not feasible.
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