Question: A partial worksheet for the month ended March 31, 2019 is shown below. No additional owner investments were made during the month. INCOME STATEMENT BALANCE
| A partial worksheet for the month ended March 31, 2019 is shown below. No additional owner investments were made during the month. |
| INCOME STATEMENT | BALANCE SHEET | ||||
| ACCOUNT NAME | DEBIT | CREDIT | DEBIT | CREDIT | |
| Cash | 10,700 | ||||
| Accounts Receivable | 14,400 | ||||
| Supplies | 7,200 | ||||
| Equipment | 33,400 | ||||
| Accum. Depr.Equip. | 9,700 | ||||
| Accounts Payable | 9,850 | ||||
| Amy Zimmer, Capital | 40,500 | ||||
| Amy Zimmer, Drawing | 3,700 | ||||
| Fees Income | 31,800 | ||||
| Salaries Expense | 15,600 | ||||
| Rent Expense | 2,700 | ||||
| Supplies Expense | 1,450 | ||||
| Depr. Exp.Equip. | 2,700 | ||||
| Totals | 22,450 | 31,800 | 69,400 | 60,050 | |
| Net Income | 9,350 | 9,350 | |||
| 31,800 | 31,800 | 69,400 | 69,400 | ||
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| Prepare an income statement for the Zimmer Agency for the month ended March 31, 2019. | |||
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