Question: Help please, how to transform the second pic into the first pic Presented below is the format of the income statement of a service business.

Help please, how to transform the second pic into the first pic

Help please, how to transform the second pic into the first pic

Presented below is the format of the income statement of a service business. Expenses are simply deducted from the total revenue to arrive at the net income. Name of the Company Income Statement For Period Ended xxx Service Revenue nowaist agrooni Pxxx lel ordi el Other Income XXX Total Income PXXx Expenses Salaries PXxx Depreciation XXX Supplies XXX Rent XXX Insurance XXX Other Expenses XXX Finance Cost XXX XXX Net Income PXXx Below are accounts taken from the books of Luffy's Ship Repair Services for the month of August. Prepare an income statement from the given data. Repairs Revenue P 200,000 Rent Income 10,000 Salaries and Wages 35,000 Utilities Expense 14,000 Supplies Expense 11,000 Depreciation Expense 2,000 are Miscellaneous Expenses 3,000

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