Question: please answer fast I have quiz 10 mins left Question 1 (20 points) The year-end adjusted trial balance for Sparky Electrical is as follows: Sparky

 please answer fast I have quiz 10 mins left Question 1

please answer fast I have quiz 10 mins left

Question 1 (20 points) The year-end adjusted trial balance for Sparky Electrical is as follows: Sparky Electrical Trial Balance December 31, 2020 Required: Debit 20,500 12,000 85,000 60,000 Prepare an Credit Income Statement from the adjusted trial balance 28,000 above. Use 3,000 the form 1,000 provided 71,500 Cash Supplies Land Trucks Accumulated depreciation, trucks Accounts payable Wages payable Sam Sparky, capital Sam Sparky, withdrawals Revenue Advertising expense Depreciation expense Insurance expense Supplies expense Wages expense 30,000 185.000 2,000 6,000 5,000 18.000 50.000 288.500 288,500

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