Question

complete requirement 4

Score: 0.82 of 1 pt 1 of 1 (1 complete) HW Score: 81.65%, 0.82 of 1 pt Question Help % CP2-42 (similar to) Anna and Zed decide that they will create a new corporation, Wonder Wilderness Company, or WWC for short. Wonder Wilderness Company is a service based company that rents canoes for use on local lakes and rivers. The business began operations on November 1, 2018 and completed the following transactions in that first month. A (Click the icon to view the November transactions.) (Click the icon to View the transaction analysis chart from Novembor.) In addition, Wonder Wilderness Company completed the following transactions December (Click the icon to view the December transactions.) Read the requirements Requirement 4. Prepare the income statement of Wonder Wilderness Comp in the statement leave the box empty, do not select a label or enter a zero.) (Click to view the trial balance you prepared in Requirement 3.) for the two months ended December 31, 2018. (If a box is not used Wonder Wilderness Company Income Statement Two Months Ended December 31, 2018 Choose from any list or enter any number in the input fields and 2 parts Clear S Check Answer remaining

Answer 1

Income statement

Revenue
Canoe Rental revenue		12500
Expense
Rent expense	1600
Wages expense	4000
Utilities expense	320
Telephone expense	440
Total expense		6360
Net income		6140