Question
The following are account balances for Bob Smith Co. for the year ended December 31, 2022: Fees earned $170,000 Cash $30,000 Accounts receivable 14,000
The following are account balances for Bob Smith Co. for the year ended December 31, 2022: Fees earned $170,000 Cash $30,000 Accounts receivable 14,000 Selling expenses 44,000 Equipment 42,000 Sam, capital 36,000 Accounts payable 12,000 Interest Payable 3,000 Salaries & wages 40,000 Rent expense 51,000 expense Income taxes payable 5,000 Supplies 2,000 Notes payable 20,000 Income taxes expense 18,000 Prepare an income statement for Bob Smith Co. For the Year Ended December 31, 2022. (Don't forget your heading)
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Forensic And Investigative Accounting
Authors: G. Stevenson Smith D. Larry Crumbley, Edmund D. Fenton
10th Edition
0808056301, 9780808056300
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