Ask Question
23 November, 05:37

Below are the account balances for Cowboy Law Firm at the end of December. Accounts Balances Cash $ 3,600 Salaries expense 1,300 Accounts payable 1,600 Retained earnings 4,700 Utilities expense 1,100 Supplies 12,000 Service revenue 7,500 Common stock 4,200 Required: Use only the appropriate accounts to prepare an income statement.

+3
Answers (1)
  1. 23 November, 05:50
    0
    Income Statement

    Sales $7.500

    Salaries expense - $1.300

    Utilities expense - $1.100

    Net Income 5.100
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Below are the account balances for Cowboy Law Firm at the end of December. Accounts Balances Cash $ 3,600 Salaries expense 1,300 Accounts ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers