Activity 1 The following are accounts taken from the books of Go Jo Consultancy Services for...

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Activity 1 The following are accounts taken from the books of Go Jo Consultancy Services for the month of July. Prepare an income statement from the given data. Consultancy fees Other Income Salaries Expense Rent Expense Utilities Expense Depreciation Expense Bad Debts Expense Activity 2 The following are accounts taken from the books of No Win Law Firm for the month of October. Prepare an income statement from the given data. Legal fees Interest Income Salaries Expense Rent Expense Utilities Expense P300, 000 20, 000 30, 000 25,000 15, 000 3,000 1,000 Depreciation Expense Supplies Expense Gasoline Expense Miscellaneous Expense P405, 000 5, 000 68,000 37,000 6,000 4, 000 2,500 2,000 3,000 Activity 1 The following are accounts taken from the books of Go Jo Consultancy Services for the month of July. Prepare an income statement from the given data. Consultancy fees Other Income Salaries Expense Rent Expense Utilities Expense Depreciation Expense Bad Debts Expense Activity 2 The following are accounts taken from the books of No Win Law Firm for the month of October. Prepare an income statement from the given data. Legal fees Interest Income Salaries Expense Rent Expense Utilities Expense P300, 000 20, 000 30, 000 25,000 15, 000 3,000 1,000 Depreciation Expense Supplies Expense Gasoline Expense Miscellaneous Expense P405, 000 5, 000 68,000 37,000 6,000 4, 000 2,500 2,000 3,000