WebDec 31, 2011 · PASTINA COMPANY Closing Entries For Year Ending Dec. 31, 2011 Dec. 31 Sales revenue 146,000 Interest revenue 1333 Income summary 147,333 Dec. 31 … WebDec 31, 2024 · A customer pald Pastina $2,500 In December for 1,000 pounds of spaghettl to be dellvered in January 2024 Pastina credited deferred sales revenue. 8. On December 1, 2024, $1,400 rent was pald to the owner of the bullding. The payment represented rent …
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WebIncome Statement Statement of SE Balance Sheet PASTINA COMPANY Income Statement For the Year Ended December 31 , 2024 Sales revenue $ 148,000 Cost of goods sold 72,000 Gross profit 76,000 Operating expenses Salaries expense 19,950 Rent expense 11,750 Depreciation expense 10,200 Advertising expense 3,200 Supplies expense 2,470 … WebDec 31, 2011 · PASTINA COMPANY Closing Entries For Year Ending Dec. 31, 2011 Dec. 31 Sales revenue 146,000 Interest revenue 1333 Income summary 147,333 Dec. 31 Income summary 123,450 Cost of goods sold 70,000 Wage expense 20,400 Rent expense 12,000 Depreciation expense 10,000 Interest expense 1,500 Supplies expense 1,800 Insurance …
WebMar 13, 2024 · The income statement is one of three statements used in both corporate finance (including financial modeling) and accounting. The statement displays the company’s revenue, costs, gross profit, selling … WebA customer paid Pastina $2,000 in December for 1,500 pounds of spaghetti to be delivered in January 2024. Pastina credited deferred sales revenue. On December 1, 2024, $2,000 rent was paid to the owner of the building. The payment represented rent for December 2024 and January 2024 at $1,000 per month. The entire amount was debited to prepaid rent.
WebA customer paid Pastina $2,100 in December for 800 pounds of spaghetti to be delivered in January 2024. Pastina credited deferred sales revenue. 8. On December 1, 2024, $1,000 rent was paid to the owner of the building. The payment represented rent for December 2024 and January 2024 at $500 per month. The entire amount was debited to prepaid rent. Webpastina: [noun] very small bits of pasta used in soup or broth.
WebThe adjusted trial balance of Arctic Corporation at December 31 shows that sales revenue for the year was $ 525,000 and other revenue was $ 57,000. Cost of goods sold for that same period was $ 265,000 , while other expenses totaled $ 195,000. The corporation declared and paid dividends of $ 10,000 during the year.
WebSalaries earned from December 16 through December 31, 2024, were $1,800. On October 1, 2024, Pastina borrowed $54,000 from a local bank and signed a note. The note requires … half hour schedule template excelWebPastina Company sells various types of pasta to grocery chains as private label brands. ... Prepare an income statement and a statement of shareholders’ equity for the year ended December 31, 2024, and a classified balance sheet as of December 31, 2024. Assume that no common stock was issued during the year and that $4,000 bunbury dept of communitiesWebOn November 1, 2016, the company paid its landlord $7,200 representing rent for the months of November through January. Prepaid rent was debited. Debit rent expense $4,800, credit prepaid rent $4,800 ($7200 / 3 = $2400 /month * 2 mo = $4800) The following transaction occurred during December 31, 2016, for the Microchip Company. bunbury dermatologyhalf hours 2 quarter hoursWebSep 8, 2024 · Pastina can be shaped like little stars, tubes, or even tiny macaroni noodles or shells. Orzo is often classified as pastina as well. Barilla is one popular brand that … half hours with insectsWebMay 28, 2024 · This income statement shows that the company brought in a total of $4.358 billion through sales, and it cost approximately $2.738 billion to achieve those sales, for a gross profit of $1.619 billion. half hour timer googleWebNov 18, 2024 · A customer paid Pastina $2,100 in December for 1,750 pounds of spaghetti to be delivered in January 2024. Pastina credited sales revenue. 8. On December 1, 2016, $3,000 rent was paid to the owner of the building. The payment represented rent for December 2016 and January 2024, at $1,500 per month. half hour swim workouts