Part 2- Accounting Exercise Using the information provided from the Adjusted Trial Balance in the Excel...

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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 Actg Assessment new Spr 21Template.xlxs Attach File Seton and Company prepared the below Adjusted Trial Balance. Seton and Company, Inc. Adjusted Trial Balance December 31, 2020 Account Title Debits Credits Cash $ 1,350 Accounts receivable 460 Prepaid insurance 259 Supplies 26 Land 5,600 Accounts payable Salaries payable 420 180 Unearned service revenue 120 Common stock 5,800 Retained earnings Dividends 200 60 Service revenue 4,000 Salaries expense 2,460 Insurance expense 60 Supplies expense Other operating expense 125 320 Totals $ 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 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 Actg Assessment new Spr 21Template.xlxs Attach File Seton and Company prepared the below Adjusted Trial Balance. Seton and Company, Inc. Adjusted Trial Balance December 31, 2020 Account Title Debits Credits Cash $ 1,350 Accounts receivable 460 Prepaid insurance 259 Supplies 26 Land 5,600 Accounts payable Salaries payable 420 180 Unearned service revenue 120 Common stock 5,800 Retained earnings Dividends 200 60 Service revenue 4,000 Salaries expense 2,460 Insurance expense 60 Supplies expense Other operating expense 125 320 Totals $ 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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