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ore: 0 of 1 pt oblem 2-A2 (algorithmic) Cick the icon to wiew the fnanoial posto

ID: 2331457 • Letter: O

Question

ore: 0 of 1 pt oblem 2-A2 (algorithmic) Cick the icon to wiew the fnanoial poston of Daniel Peavy's business on April 30. 2010 Click the icon to view the ocoumed events ransactions on the accounting equation of Peavy Design Fillin the table below (Round to the nearest dollar) Lialelities 0-ner's Equity + 5.200 23, 30 Bal. 1,720 (a) 11000 o 3.210 24 200 1000Owner investment )-5200 -5200 (e) 1000 (d) 750 1000Service revenue 0No type -750 0710710 n400 a) 1600 h.1) -1200 h2) 660 070 -4000 4500 Service revenue 100Oer investment 1200Rent expense 880Advertising expense 4000Owner witndrawal oecreasng orcer by amour Fil satarereof Peavy Desgn for the month ended May 3, 2010 36170 uste on ses ne 2abe o.ow 'Rond:o ne nearest dolar Erter posavo va ues only) Enter your ansver in the edt felos and then dlick Check Ansuer

Explanation / Answer

Revenues Service revenue 5500 Expenses: Rent expense 1200 Advertisement expense 660 Total expenses 1860 Net income 3640