Question

JS Wevant, Accounting Principles, 136 CALCULATOR PRINTER VERSION HCM NEXT The adjusted trial balance of Carla Vista Company at December 31, 2020, includes the following accounts Owner's Capital $16,500, Owner's Drawings $7,700, Service Revenue $37,200, Salaries and Wages Expense $15.700, ne Expense $3.000, Rent Expense $4,600, Supplies Expense $2.500, and Depreciation Expense $1,100, Prepare an cometement for the year CARLA VISTA COMPANY Terme State Click if you would like to show Work for this question On Slider Work o BI 90 PM 22/20.20

Answer 1

$37,200 Carla Vista Company Income Statement For the Year Ended December 31, 2020 Revenue Service Revenue Expenses Salaries and Wages Expense $ 15,700 Insurance Expense $ 3,000 Rent Expense $ 4,600 Supplies Expense $ 2,500 Depreciation Expense $ 1,100 Total Expense Net Income $ 26,900 $ 10,300 Note : Please comment down for any further clarifications.