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Do It! Review 1-3 (Part Level Submission) Marsh Corporation began operations on January 1, 2014. The following information is available for Marsh Corporation on December 31, 2014 Accounts payable Accounts recevable 9,690 Notes payable 6,690 4,490 Retained earnings 7,790 Service revenue 19,690 16,380 14,690 Rant expense Advertising expense,4 Cash Common stock Dividends Equipment 4,380 6 590 1.210 Supplies 190 Supplies expense 31,490 Prepare an income statement for Marsh Corporation. MARSH CORPORATION Income Statement For the Year Ended December 31, 2014 Click if you would ike to Show Work for this questioni Openow Wo INE TO TET The parts of this question must be completed in order. This part will be available when you complete the part above The parts of this question must be completed in order. This part will be available when you complete the part above
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Answer #1
Income statement
Revenue
Service revenue 34,380
expenses
Advertising expense 4,490
Rent expense 14,690
Supplies expense 1,210
total expense 20,390
Net operating income 13,990
(figures are bit blurry,make changes if required)
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