The following information is from the Income Statement of the Cheyenne Laundry Service:
Revenues
Service Revenues $5720
Expenses
Salaries and wages expense $ 2160
Advertising expense 440
Rent expense 260
Supplies expense 180
Insurance expense 90
Total expenses 3130
Net income $2590
The entry to close the Income Summary includes a:
+4
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “The following information is from the Income Statement of the Cheyenne Laundry Service: Revenues Service Revenues $5720 Expenses Salaries ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Home » Business » The following information is from the Income Statement of the Cheyenne Laundry Service: Revenues Service Revenues $5720 Expenses Salaries and wages expense $ 2160 Advertising expense 440 Rent expense 260 Supplies expense 180 Insurance expense 90