Sunland Company | ||||
Income Statement | ||||
For the year ended December 31,2019 | ||||
Revenues: | ||||
Service revenue | 37100 | |||
Expenses: | ||||
Salaries and wages expense | 16200 | |||
Insurance expense | 1000 | |||
Rent expense | 4000 | |||
Supplies expense | 2500 | |||
Depreciation expense | 2000 | |||
Total expenses | 25700 | |||
Net income(loss) | 11400 |
The adjusted trial balance of Sunland Company at December 31, 2019, includes the following accounts: Common...
The adjusted trial balance of Parsons Company at December 31,
2017, includes the following accounts: Common Stock $16,200,
Dividends $7,500, Service Revenue $38,600, Salaries and Wages
Expense $15,500, Insurance Expense $2,600, Rent Expense $3,700,
Supplies Expense $1,500, and Depreciation Expense $1,900. Prepare
an income statement for the year.
PARSONS COMPANY Income Statement
"Brief Exercise 3-9 The adjusted trial balance of Parsons Company at December 31, 2019, includes the following accounts: Common Stock $15,600, Dividends $7,000, Service Revenue $37,000, Salaries and Wages Expense $16,000, Insurance Expense $2,000, Rent Expense $4,000, Supplies Expense $1,500 and Depreciation Expense $1,300 Prepare an income statement for the year. Parsons Company Income Statement
The adjusted trial balance of Tamarisk, Inc. at December 31, 2019, includes the following accounts: Common Stock $16,900, Dividends $7,200, Service Revenue $36,500, Salaries and Wages Expense $16,700, Insurance Expense $1,300, Rent Expense $4,700, Supplies Expense $1,800, and Depreciation Expense $1,700. The balance in Common Stock is the balance as of January 1. Prepare a retained earnings statement for the year assuming net income is $10,300 for the year and Retained Earnings is $7,400 on January 1. (List items that...
3. The adjusted trial balance of Wilcox Company at December 31, 2017 includes the following accounts: Retained Earnings $12,600; Dividends $6,000; Service Revenue $35,000; Salaries and Wages Expense $16,000; Insurance Expense $2,000; Rent Expense $3,500; Supplies Expense $500; and Depreciation Expense $1,000. (7%) Instructions Prepare a retained earnings statement for the year.
The adjusted trial balance of Skysong, Inc. at December 31, 2020, includes the following accounts: Common Stock $17,600, Dividends $7,700, Service Revenue $37,400, Salaries and Wages Expense $15,600, Insurance Expense $1.200, Rent Expense $4,000, Supplies Expense $2,400, and Depreciation Expense $1,600. Prepare an income statement for the year. Skysong, Inc. Income Statement $
The adjusted trial balance of Whispering Winds Corp. at December 31, 2019, includes the following accounts: Common Stock $17,800, Dividends $7,300, Service Revenue $36,500, Salaries and Wages Expense $16,300, Insurance Expense $2,600, Rent Expense $3,300, Supplies Expense $2,400, and Depreciation Expense $1,700. Prepare an income statement for the year. Whispering Winds Corp. Income Statement
The adjusted trial balance of Martinez Corp. at December 31, 2022, includes the following accounts: Retained Earnings $17.200, Dividends $4,000, Service Revenue $35,800, Salaries and Wages Expense $13,800, Insurance Expense $1,880, Rent Expense $3,910, Supplies Expense $1,550, and Depreciation Expense $840. Prepare an income statement for the year. MARTINEZ CORP Income Statement For the Year Ended December 31, 2022 I $
The adjusted trial balance of Top Hat Corporation at December 31, 2019 includes the following accounts: Retained Earnings $12,000 (credit balance), Dividends paid $7,000; Service Revenue $50,000; Salaries Expense $12,000; Insurance Expense $3,000; Rent Expense $2,500; Supplies Expense $500; and Depreciation Expense $1,500, Interest Payable $5,000, unearned revenues $4000. Prepare an income statement for the year ended December 31, 2018. Label all the accounts and related dollar amounts you include in your
The adjusted trial balance of Parsons Company at December 31, 2020, includes the following accounts: Common Stock $15,600, Dividends $7,000, Service Revenue $37,000, Salaries and Wages Expense $16,000, Insurance Expense $2,000, Rent Expense $4,000, Supplies Expense $1,500, and Depreciation Expense $1,300. The balance in Common Stock is the balance as of January 1. Prepare a retained earnings statement for the year assuming net income is $12,200 for the year and Retained Earnings is $7,240 on January 1. (List items that...
The adjusted trial balance of Whispering Winds Corp. at December 31, 2017, includes the following accounts: Retained Earnings $16,680, Dividends $6,539, Service Revenue $37,549, Salaries and Wages Expense $13,817, Insurance Expense $1,796, Rent Expense $3,899, Supplies Expense $1,519, and Depreciation Expense $929. Prepare an income statement for the year. WHISPERING WINDS CORP. Income Statement