Week 1 Assignment Paper

Viet Nguyen
Professor Hinojosa
Essentials of Accounting
March 2, 2012
Week 1 Assignment
Chapter 1 E1-3 Accounts payable and accrued liabilities | ___L__ | __O___ | Accounts receivable | ___A__ | ___O__ | Property, plant, and equipment | __A___ | ___I__ | Food and beverage operations revenue | ___R__ | __O___ | Golf course operations revenue | __R___ | __O___ | Inventory | ___A__ | __O___ | Long-term debt | __L___ | __F___ | Office and general expense | __E___ | __O___ | Professional fees expense | ___E__ | __O___ | Wages and benefits expense | ___E__ | ___O__ |

Chapter 1 P1-3
(a) ECKERSLEY SERVICE CO.
Income Statement
For the Month Ended June 30, 2010

Revenues
Revenue $7,000
Expenses
Wage expense $1,400