Selected financial information for Online Co. for the year ended December 31, 2011, follows. Revenues . .

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Selected financial information for Online Co. for the year ended December 31, 2011, follows.

Revenues . . . . . . . . . $58,000

Expenses . . . . . . . . . $30,000

Net income . . . . . . . $28,000

Required

Prepare the 2011 income statement for Online Company.

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Fundamental Accounting Principles

ISBN: 978-0078110870

20th Edition

Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta

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Question Posted: Dec 27, 2012 01:42 AM

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Selected financial information for Online Co. for the year ended December 31, 2011, follows. Revenues . .

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Fundamental Accounting Principles

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