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Business
Accounting
Accounts Cash Salaries expense Retained earnings Advertising Balances $ 6,100 1,800 2,300 1,370 expense Equipment Service revenue Common stock Accounts payable 10,600 11,800 7,600 2,250 Use only the appropriate accounts to prepare an income statement.

Accounts Cash Salaries expense Retained earnings Advertising Balances $ 6,100 1,800 2,300 1,370 expense Equipment Service revenue Common stock Accounts payable 10,600 11,800 7,600 2,250 Use only the appropriate accounts to prepare an income statement.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Accounts Cash Salaries expense Retained earnings Advertising Balances $ 6,100 1,800 2,300 1,370 expense Equipment Service revenue Common stock Accounts payable 10,600 11,800 7,600 2,250 Use only the appropriate accounts to prepare an income statement. HUFFMAN CORPORATION Income Statement For the year ended December 31 Revenues: Service Revenue 2$ 11,800 Expenses: Salaries Expense 2$ 1,800 Advertising Expense 1,370 Total expenses 3,170 $ 8,630 < Prev 5 of 17 SEP MacBook Pro
Transcribed Image Text:Accounts Cash Salaries expense Retained earnings Advertising Balances $ 6,100 1,800 2,300 1,370 expense Equipment Service revenue Common stock Accounts payable 10,600 11,800 7,600 2,250 Use only the appropriate accounts to prepare an income statement. HUFFMAN CORPORATION Income Statement For the year ended December 31 Revenues: Service Revenue 2$ 11,800 Expenses: Salaries Expense 2$ 1,800 Advertising Expense 1,370 Total expenses 3,170 $ 8,630 < Prev 5 of 17 SEP MacBook Pro
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