ABC Corporation has noticed the following transactions havent been account for in its income statement for the year ended December 31, 2017: • Repairs of $4,650 were made in December and will be paid January 3, 2018. • The electricity bill of $800 for December was received and will be paid January 20, 2018. • The wages of $3,550 for January 2018 was paid on December 28, 2017. • At the beginning of October, the firm paid $1,800 for insurance for the months November and December of 2019, and January of 2020. What is the proper amount of expenses to be included in the income statement for the year
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Home » Business » ABC Corporation has noticed the following transactions havent been account for in its income statement for the year ended December 31, 2017: • Repairs of $4,650 were made in December and will be paid January 3, 2018.