using the adjusted trial balance prepare the income statement

Our Favorite Store Adjusted Trial Balance December 31, 2021 Account Title Credit Debit 943,500 45,350 907 87,500 675 13,500 270,000 Cash Accounts Receivable Allowance for Doubtful (Uncollectible) Accounts Inventory Supplies Prepaid Rent Equipment Accumulated Depreciation - Equipment Accounts Payable Income Taxes Payable 9 Interest Payable 20 Salaries Payable 21 Utilities Payable 22 Notes Payable 23 Common Stock, $2 par value 24 Additional Paid in Capital - Common 25 Preferred Stock, $25 par value 26 Retained Earnings 27 Dividends 28 Sales Revenue 29 Sales Discounts 30 Sales Returns and Allowances 31 Cost of Goods Sold 32 Depreciation Expense 33 Interest Expense 34 Maintenance and Repair Expense 35 Rent Expense 36 Salary Expense 37 Supplies Expense 38 Tax Expense 39 Uncollectible Accounts Expense 41 Losses 42 43 43,333 19,600 135,621 2,000 14,000 2,200 80,000 121,200 345,000 100,000 59,000 6,000 960,000 17,500 10,000 237,500 23,333 3,200 2,400 19,500 97,400 6,525 131,621 1.157 7,000 8,000 1.931.661 Utilities Expense 1.931.661