« previous next »

Author Question: Review the income statement and make any corrections that you feel are necessary. Bank, Rupp ... (Read 63 times)

JMatthes

  • Hero Member
  • *****
  • Posts: 578
on: Jul 5, 2018
Review the income statement and make any corrections that you feel are necessary.
 
  Bank, Rupp & Baroque, Inc.
   Income Statement
   For the Month Ended November 30, 2012
  Revenues
   Sales 38,000
   Accounts receivable 5,800
  Total revenues 43,800
  Expenses
   Rent  3,000
   Accounts payable 7,500
   Salaries 3,750
   Maintenance 850
  Total expenses 15,100
  Net income (loss) 28,700

Question 2

Top security concerns reported by IT security professionals include all the following except:
 a. data breaches
  b. cyber crimes and cyber attacks
  c. data backup
  d. workforce mobility


ladyjames123

  • Sr. Member
  • ****
  • Posts: 346
Reply #1 on: Jul 5, 2018
Answer to Question 1

Bank, Rupp & Baroque, Inc.
Income Statement
For the Month Ended November 30, 2012

Sales revenue 38,000
Expenses
Rent  3,000
Salaries 3,750
Maintenance 850
Total expenses 7,600
Net income (loss) 30,400

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Did you know?

Tobacco depletes the body of vitamins A, C, and E, which can result in any of the following: dry hair, dry skin, dry eyes, poor growth, night blindness, abscesses, insomnia, fatigue, reproductive system problems, sinusitis, pneumonia, frequent respiratory problems, skin disorders, weight loss, rickets, osteomalacia, nervousness, muscle spasms, leg cramps, extremity numbness, bone malformations, decayed teeth, difficulty in walking, irritability, restlessness, profuse sweating, increased uric acid (gout), joint damage, damaged red blood cells, destruction of nerves, infertility, miscarriage, and many types of cancer.

Did you know?

Human kidneys will clean about 1 million gallons of blood in an average lifetime.

Wild chimpanzees make and use simple tools to obtain food, learning tool making from one another. Wild chimpanzees make and use simple tools to obtain food, learning tool making from one another.
Review in Changes in Eight Different Domains of Adult Functioning Review in Changes in Eight Different Domains of Adult Functioning
To use a battery charger, make sure the charger is connected to the battery before plugging in the ... To use a battery charger, make sure the charger is connected to the battery before plugging in the ...
Health and Income per Capita: Two Views Health and Income per Capita: Two Views
Solow Model with Saving Dependent on Income Level Solow Model with Saving Dependent on Income Level
calculate the quantities required to make 5 lb of hydrophilic ointment: calculate the quantities required to make 5 lb of hydrophilic ointment:
Video: Component of feedback systems & Communication and regulation of body systems

For a complete list of videos, visit our video library