Question: Part 2- Accounting Exercise Using the information provided from the Adjusted Trial Balance in the Excel Assessment template, prepare an Income Statement in good form


Part 2- Accounting Exercise Using the information provided from the Adjusted Trial Balance in the Excel Assessment template, prepare an Income Statement in good form using the space provided on the Excel Act Assessment new Spr 21 Template.xixs Attach File Seton and Company prepared the below Adjusted Trial Balance. Seton and Company, Inc. Adjusted Trial Balance December 31, 2020 Account Title Cash Accounts receivable Prepaid insurance Supplies Land Accounts payable Salaries payable Unearned service revenue Common stock Retained earnings Dividends Service revenue Salaries expense Insurance expense Supplies expense Other operating expense Totals Debits Credits $ 1,350 460 259 26 5,600 $ 420 180 120 5,800 200 60 4,000 2,460 60 125 320 $ 10,720 $ 10,720 Using the information from this adjusted trial balance, prepare an Income Statement in good form, in the space provided below. Seton and Company, Inc. Income Statement For year ended December 31, 2020
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