Question: Using the information from this adjusted trial balance, prepare an Income Statement in good form, in the space provided below. Seton and company, INC Income

 Using the information from this adjusted trial balance, prepare an Income

Using the information from this adjusted trial balance, prepare an Income Statement in good form, in the space provided below.

Seton and company, INC

Income Statement

For the ear ended December 31, 2020

G H I J K L . N o P Q A B D E F 1 Seton and Company prepared the below Adjusted Trial Balance. 2 3 Seton and Company, Inc. 4. Adjusted Trial Balance 5 December 31, 2020 6 7 Account Title Debits Credits 8 Cash $ 1,350 9 Accounts receivable 460 10 Prepaid insurance 259 11 Supplies 26 12 Land 5,600 13 Accounts payable $ 420 14 Salaries payable 180 Unearned servic revenue 120 16 Common stock 5,800 17 Retained earnings 200 18 Dividends 60 19 Service revenue 4,000 20 Salaries expense 2,460 21 Insurance expense 60 22 Supplies expense 125 23 Other operating expense 320 24 Totals $ 10,720 $ 10,720 25 Hotel Adj Trial Bal & Inc. Stmt Quest O Type here to search Q W ENG 6:40 PM 3/29/202

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