Prepare an income statement for Jay Pembroke for the month of April 20xx using the account balances
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Question:
Prepare an income statement for Jay Pembroke for the month of April 20xx using the account balances given below.
Cash | $12,775 |
Accounts Receivable | 2,142 |
Office Supplies | 4,632 |
Prepaid Insurance | 1,355 |
Accounts Payable | 271 |
Jay Pembroke, Capital | 18,040 |
Jay Pembroke, Drawing | 118 |
Service Fees | 3,402 |
Rent Expense | 691 |
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