Thread: STock, i need hel please.

Please could you help me close this book, I did it but I am missing a $1000 i.s.o $6707 I am having a $7707.

Operating Statement
Dr Cr
Income Summary 9000Dr 8000Cr
Sales 12694Cr
Sales Returns & Allowances 53Dr
Purchases 1420Dr
Purchases Returns & Allowances 200Cr
Salary Expenses 3200Dr
Utilities Expense 55Dr
Telephone Expense 45Dr
Office Supplies Expense 60Dr
Insurance Expense 100 Dr
Depreciation expense 220Dr
bad Debts expense 34Dr


Totals 14187Dr 20894Cr
Net Income 6707Dr
Final Totals 20894Dr 20894Cr

Check your income summary numbers - I believe that is where the $1,000.00 is.....