Business, 13.06.2020 18:57, youngboymark123
equuleus Equipment has a number of items that need to be assessed in preparation of its income statement for the year ended December 31, 2019: The phone bill of $300 for December was received and will be paid January 15, 2020. At the beginning of November, Equuleus paid $900 for advertising in a monthly magazine that is distributed in November and December of 2019, and January of 2020. Commissions of $5,000 for salespeople who made sales in December will be paid January 10, 2020. The store rent of $3,000 for January 2020 was paid on December 29, 2019. What is the proper amount of expenses to be included in the income statement for the year ended December 31, 2019
Answers: 1
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equuleus Equipment has a number of items that need to be assessed in preparation of its income state...
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