Prepare an Income Statement using the adjusted trial balance to calculate net income. Cash Supplies Prepaid...

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Prepare an Income Statement using the adjusted trial balance to calculate net income. Cash Supplies Prepaid insurance Computer equipment Accumulated depreciation-Computer equipment Accounts payable C. Gaines, Capital C. Gaines, Withdrawals Services revenue Salaries expense Depreciation expense Rent expense Supplies expense Utilities expense Insurance expense Totals Adjusted Trial Balance December 31 Debit $ 1,170 1,930 600 20,600 4,800 6,920 2,000 1,200 800 950 400 $ 41,370 Credit $5,400 325 13,925 21,720 $ 41,370 Prepare an Income Statement using the adjusted trial balance to calculate net income. Cash Supplies Prepaid insurance Computer equipment Accumulated depreciation-Computer equipment Accounts payable C. Gaines, Capital C. Gaines, Withdrawals Services revenue Salaries expense Depreciation expense Rent expense Supplies expense Utilities expense Insurance expense Totals Adjusted Trial Balance December 31 Debit $ 1,170 1,930 600 20,600 4,800 6,920 2,000 1,200 800 950 400 $ 41,370 Credit $5,400 325 13,925 21,720 $ 41,370

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Income Statement For the period ended December 31 Revenues Services Revenue 4800 Expenses Salaries E... View the full answer