Below are the account balances for Cowboy Law Firm at the end of December.
| Accounts | Balances | ||
| Cash | $ | 3,700 | |
| Salaries expense | 1,350 | ||
| Accounts payable | 1,700 | ||
| Retained earnings | 4,550 | ||
| Utilities expense | 1,000 | ||
| Supplies | 12,100 | ||
| Service revenue | 7,600 | ||
| Common stock | 4,300 | ||
Need a custom paper ASAP?
We can do it today.
We can do it today.
Tailored to your instructions. 0% plagiarism.
Required:
Use only the appropriate accounts to prepare an income statement.
| Accounts | Balances | ||
| Cash | $ | 3,700 | |
| Salaries expense | 1,350 | ||
| Accounts payable | 1,700 | ||
| Retained earnings | 4,550 | ||
| Utilities expense | 1,000 | ||
| Supplies | 12,100 | ||
| Service revenue | 7,600 | ||
| Common stock | 4,300 | ||
|
||||||||||||||||||||||||||||||||||
Use only the appropriate
Get help on our website
