prepare income statement

Required information Exercise 5-22 (Algo) Complete the accounting cycle using receivable transactions (LO5-1,5-2, 5-4,5-5, 5-7) [The following information applies to the questions displayed below.] The general ledger of Pop's Fireworks includes the following account balances in 2024: In addition, the following transactions occurred during 2024 and are not yet reflected in the account balances above: June 3 Provide additional services on account for $17,000. June 8 All services on account include terms 2/10,n/30. were originally charged $10,000. The customers Write off customer accounts of $2,000. off customer accounts of $2,500 as uncollectible. 4. Prepare an income statement for the period ended December 31, 2024. (Amounts to be deducted should be indicated with a minus sign.)