Question: Exercise 1 - 6 ( Algo ) Prepare an income statement ( LO 1 - 3 ) Below are the account balances for Cowboy Law

Exercise 1-6(Algo) Prepare an income statement (LO1-3)
Below are the account balances for Cowboy Law Firm at the end of December.
\table[[Accounts,Balances],[Cash,$5,000],[Salaries expense,2,000],[Accounts payable,3,000],[Retained earnings,4,000],[Utilities expense,1,100],[Supplies,13,400],[Service revenue,8,900],[Common stock,5,600]]
Required:
Use only the appropriate accounts to prepare an income statement.
\table[[COWBOY LAW FIRM],[Income Statement],[For the Period Ended December 31],[Service revenue],[,,,],[Expenses:],[Salaries expense],[,,,],[,,,],[,,,],[Total expenses,,0],[,,$,0]]
 Exercise 1-6(Algo) Prepare an income statement (LO1-3) Below are the account

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