![r Outstanding B: MMcGraw-Hill C: × ▼ DACC 2013 x v MLearnsmart Ch × Chapter 3 HW LJ Check Y ezto.mheducation.com/hm.tpx Bookmarks Questions 16-20(of 26) ▼ E3-20 Inferring Transactions, Creating Financial Statements, and Calculating Net Profit Margin The following information applies to the questions displayed below] An analysis of transactions made during July by NepCo, an Internet service provider, during its first month of operations is shown below. Increases and decreases affecting revenues and expenses are explained UabiliesCommon Retained Stockholders Equity Accounts Cash Receivable Supplies Equipment Stock +13,500 Payable Retained Earnings (a) +13,500 1,170 Utilities expense 7.250 Service revenue 1,170 7,250 14,200 (d)-7,800 (e) 2,780 (9) -4,800 h) -3,380 0 1,220 2,780 Service revenue 695 -4,800 695 3.380 Wage expense -1,220 Rent expense +2,175 2,175 3,465 13,500 4,260 1,255 5,075 695 14,200 E3-20 Inferring Transactions, Creating Financial Statements, and Calculating Net Profit Margin LO 3-3, LO 3-5 Section Break](https://media.cheggcdn.com/media%2F891%2F891abccc-efe7-4f96-8d66-8bef724ccdf9%2Fimage)
r Outstanding B: MMcGraw-Hill C: × ▼ DACC 2013 x v MLearnsmart Ch × Chapter 3 HW LJ Check Y ezto.mheducation.com/hm.tpx Bookmarks Questions 16-20(of 26) ▼ E3-20 Inferring Transactions, Creating Financial Statements, and Calculating Net Profit Margin The following information applies to the questions displayed below] An analysis of transactions made during July by NepCo, an Internet service provider, during its first month of operations is shown below. Increases and decreases affecting revenues and expenses are explained UabiliesCommon Retained Stockholders’ Equity Accounts Cash Receivable Supplies Equipment Stock +13,500 Payable Retained Earnings (a) +13,500 1,170 Utilities expense 7.250 Service revenue 1,170 7,250 14,200 (d)-7,800 (e) 2,780 (9) -4,800 h) -3,380 0 1,220 2,780 Service revenue 695 -4,800 695 3.380 Wage expense -1,220 Rent expense +2,175 2,175 3,465 13,500 4,260 1,255 5,075 695 14,200 E3-20 Inferring Transactions, Creating Financial Statements, and Calculating Net Profit Margin LO 3-3, LO 3-5 Section Break
