Prepare the income statement. Adjusted Trial Balance Trial Balance Adjustments Account Debit Credit Debit Credit Debit Adjusted

Prepare the income statement. 

 

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Adjusted Trial Balance Trial Balance Adjustments Account Debit Credit Debit Credit Debit Adjusted Trial Balance Credit Cash Accounts receivable Prepaid rent Supplies Furniture 9,000 9,000 1,800 a. 3,500 5,300 3,000 b. 1,000 2,000 1,900 C. 1,500 400 54,000 54,000 Accumulated depreciation-furniture 4,000 d. 900 4,900 Accounts payable 3,300 3,300 Salary payable e. 10,800 10,800 Common stock 16,000 16,000 Retained earnings 36,060 36,060 Dividends 3,900 3,900 Service revenue 17,800 a. 3,500 21,300 Salary expense 3,100 e. 10,800 13,900 Rent expense b. 1,000 1,000 Utilities expense 460 460 Depreciation expense-furniture d. 900 900 1,500 1,500 Supplies expense 77,160 77,160 17,700 17,700 92,360 92,360 Total Adjusted Trial Balance Trial Balance Adjustments Account Debit Credit Debit Credit Debit Adjusted Trial Balance Credit Cash Accounts receivable Prepaid rent Supplies Furniture 9,000 9,000 1,800 a. 3,500 5,300 3,000 b. 1,000 2,000 1,900 C. 1,500 400 54,000 54,000 Accumulated depreciation-furniture 4,000 d. 900 4,900 Accounts payable 3,300 3,300 Salary payable e. 10,800 10,800 Common stock 16,000 16,000 Retained earnings 36,060 36,060 Dividends 3,900 3,900 Service revenue 17,800 a. 3,500 21,300 Salary expense 3,100 e. 10,800 13,900 Rent expense b. 1,000 1,000 Utilities expense 460 460 Depreciation expense-furniture d. 900 900 1,500 1,500 Supplies expense 77,160 77,160 17,700 17,700 92,360 92,360 Total

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