$220$ Exam $1$ Ch $1-4$

Question $12$ of $20$

$\backslash$table$[[$Crane Financial Planners Adjusted Trial Balance December $31,2020],[,$Debit,Credit$],[$Cash$,$$$6\mathrm{.}174,],[$Accounts Receivable,$2\mathrm{.}898,],[$Supplies$,2,268,],[$Equipment$,17,640,],[$Accumulated Depreciation$-$Equipment,,$$3\mathrm{.}780],[$Accounts Payable,,$4\mathrm{.}158],[$Unearned Service Revenue,,$7\mathrm{.}560],[$Owner$\text{'}$s Capital,,$18\mathrm{.}396],[$Owner$\text{'}$s Drawings,,$3\mathrm{.}150,],[$Service Revenue,,$5,670],[$Supplies Expense,$882,],[$Depreciation Expense,$3,402,],[$Rent Expense,$3,150,],[,$$$39,564,$$$39,564]]$Question $12$ of $20$

Using the information from the adjusted trial balance, you are to prepare for the month ending December $31,2020$:

An income statement. $($Enter negathe amounts using elther a negative simn proceding the number eg$.-45$ or parththeser eg$.(45.)$

Crane Financlal Planners

Income Statement

December $31,2020$

$5$

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