Specializes in sports car accessories

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Reference no: EM131259805

On September 1, Irene opened a retail store that specializes in sports car accessories. The name of the is " Plus Two Cones". The store is located at 617 Main street, Spokane, WA 99206. The store uses the cash method of accounting, Her income and expenses for the year as follows; Sales of merchandise 63400 Inventory, September 1 Purchased in August 40100 Inventory, December 31 38100 Purchases during the year 37800 Sales Returns and allowances 600 Store rental 7550 Office expense 1380 Insurance 800 Advertising 3100 Employee Wages 3350 Payroll and Business taxes 505 interest on bank loan 2760 Accounting Fees 310 Utilities 992 Telephone 800 Maintenance 427 Misc 65 Need to fill out Income tax forms 1040 Schedule C ?

Reference no: EM131259805

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Specializes in sports car accessories : On September 1, Irene opened a retail store that specializes in sports car accessories. The name of the is " Plus Two Cones". The store is located at 617 Main street, Spokane, WA 99206. The store uses the cash method of accounting, Her income and exp..

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