Kelley and Wright, Attorneys, have the following budgeted items for the month of May: Fringe benefits $9,200 Depreciation—equipment 5,000 Utilities 2,000 Professional salaries (from budget) 20,000 Travel 2,400 Revenues (from budget) 68,000 Lease expense 6,700 Secretarial support 5,600 Professional dues and subscriptions 3,800 Prepare a budgeted income statement for the month of May

 

 

 

    • 6 years ago
    A+ Work
    NOT RATED

    Purchase the answer to view it

    blurred-text
    • attachment
      aq_27.xlsx