Question: Exercise 1-6A Prepare an income statement (LO1-3) Below are the account balances for Cowboy Law Firm at the end of Dece Accounts Cash Salaries expense
Exercise 1-6A Prepare an income statement (LO1-3) Below are the account balances for Cowboy Law Firm at the end of Dece Accounts Cash Salaries expense Accounts payable Retained earnings Utilities expense Supplies Service revenue Common stock Balances $ 4,900 1,950 2,900 3,950 1,000 13,300 8,800 5,500 Required: Use only the appropriate accounts to prepare an income statement COWBOY LAW FIRM Income Statement For the Period Ended December 31 Service revenue Expenses Salaries expense Utilities expense Total expenses ENet Income
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
