Below are the account balances for Cowboy Law Firm at the end of December. Balances $5,400 2,200 3,400 3,900 1,200 13,800 9,300 6,000 Cash Salaries expense Accounts payable Retained earnings Utilities expense Supplies Service revenue Common stock Accounts Required: Use only the appropriate accounts to prepare an income statement. Expenses: Net loss COWBOY LAW FIRM Income Statement For the Period Ended December 31 Total expenses 0
Below are the account balances for Cowboy Law Firm at the end of December. Balances $5,400 2,200 3,400 3,900 1,200 13,800 9,300 6,000 Cash Salaries expense Accounts payable Retained earnings Utilities expense Supplies Service revenue Common stock Accounts Required: Use only the appropriate accounts to prepare an income statement. Expenses: Net loss COWBOY LAW FIRM Income Statement For the Period Ended December 31 Total expenses 0
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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