Question: income statement prepare two income statement one using the information of A. one using information of B A. Cost of good sold 9000 account payable

income statement

prepare two income statement one using the information of A. one using information of B

A.

Cost of good sold 9000

account payable 1100

paid in capital 2000

cash 400

sales 10000

dividends 700

retained earning beginning 1000

inventory 4000

B.

Salary expense 24000

unearned revenue 1600

paid in capital 3000

cash 3500

service revenue 32000

rent expense 5300

retained earning beginning 1200

prepaid rent expense 5000

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