Question: Prepare an income statement using the following information for DL Enterprises for the month of July 2018. $62,500 15,500 Sales revenue Rental revenue Product expense

 Prepare an income statement using the following information for DL Enterprises

Prepare an income statement using the following information for DL Enterprises for the month of July 2018. $62,500 15,500 Sales revenue Rental revenue Product expense Wages expense 52,000 18,800 Owner investment 12,000 Equipment purchases 56,000 Utilities expense 500 Taxes expense DL Enterprises Income Statement For the Month Ended July 31, 2018 Revenue: Total Revenue Expenses: Total Expenses Net Income

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