Public Relations Inc Balance Sheet Assignment Help

Public Relations Inc.managed a grand opening party on behalf of a new restaurant on April​ 15, 2009. Public Relations charged the restaurant​ $2,100.

The restaurant paidfor​ $1,800 of the bill from Public Relations Inc.on April​ 20, 2009.

The remaining balancewas paid on May​ 5, 2009. How did these transactions affectPublic​ Relations’ income statement for the month ofApril and for the balance sheet at April​ 30, 2009?

  Transaction

How did effect net income?

Multiple choice:

(Decreased, Increased,

Net effect of $0.00 or No effect)

how did it effect balance sheet?

Multiple choice:

(Decreased, Increased,

Net effect of $0.00 or No effect)

April 15, 2009Managed a party and billed the restaurant

?????????? 

April 20, 2009Restaurant partially paid the invoice owed to Public Relations

  How did it effect Net income?

Multiple choice?

(Decreased, Increased,

Net effect of $0.00 or No effect)

????

  how did it effect on balance sheet

Multiple choice?

(Decreased, Increased,

Net effect of $0.00 or No effect)

?????

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