Question

Flower Petal Arrangements has completed operations for the year ended December 31, 2018 This is the third year of partions for the company. The following da have been assembled for the business Click the icon to view the assembled data of Flower Potal Arangements) Prepare the income statement of Flower Pot Arrangements for the year anded December 31, 2018 a box is not used in the table leave the box amply, do not select a label or enter a zero)

Answer 1

$ 80,000 Less Flower Petal Arrangements Income Statement For The Year Ended December 31, 2018 Revenue Service Revenue Expenses: Insurance Expense $ 5,000 Utilities Expense $ 600 Rent Expense $ 12,000 Salaries Expense $ 38,000 Total Expense Net Income $ $ 55,600 24,400