CAN SOMEONE PLEASE HELP ME PREPARE AN INCOME STATEMENT TABLE FOR THE 2 MONTHS ENDED DECEMBER 31,2019??   Natalie had a very busy December. At the end of the month, after journalizing and posting the December transactions and adjusting entries, Natalie prepared the following adjusted trial balance. COOKIE CREATIONS Adjusted Trial Balance December 31, 2019     Debit   Credit Cash   $1,460     Accounts Receivable   1,085     Supplies   430     Prepaid Insurance   1,500     Equipment   1,500     Accumulated Depreciation—Equipment       $50 Accounts Payable       95 Salaries and Wages Payable       69 Interest Payable       20 Unearned Service Revenue       370 Notes Payable       2,500 Owner’s Capital       990 Owner’s Drawings   620     Service Revenue       5,588 Salaries and Wages Expense   1,247     Utilities Expense   155     Advertising Expense   205     Supplies Expense   1,270     Depreciation Expense   50     Insurance Expense   140     Interest Expense   20         $9,682   $9,682     KEYWORDS -TOTAL REVENUES -DRAWINGS -EXPENSES -NET INCOME (LOSS) -OWNERS CAPTIAL NOV.1 -OWNERS CAPTIAL DEC. 31 -REVENUES -TOTAL EXPENSES -TOTAL REVENUES

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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CAN SOMEONE PLEASE HELP ME PREPARE AN INCOME STATEMENT TABLE FOR THE 2 MONTHS ENDED DECEMBER 31,2019??

 

Natalie had a very busy December. At the end of the month, after journalizing and posting the December transactions and adjusting entries, Natalie prepared the following adjusted trial balance.

COOKIE CREATIONS
Adjusted Trial Balance
December 31, 2019
   
Debit
 
Credit
Cash
  $1,460    
Accounts Receivable
  1,085  
 
Supplies
  430  
 
Prepaid Insurance
  1,500  
 
Equipment
  1,500  
 
Accumulated Depreciation—Equipment
 
 
  $50
Accounts Payable
 
 
  95
Salaries and Wages Payable
 
 
  69
Interest Payable
      20
Unearned Service Revenue
      370
Notes Payable
      2,500
Owner’s Capital
      990
Owner’s Drawings
  620    
Service Revenue
      5,588
Salaries and Wages Expense
  1,247    
Utilities Expense
  155    
Advertising Expense
  205    
Supplies Expense
  1,270    
Depreciation Expense
  50    
Insurance Expense
  140    
Interest Expense
  20  

 

   
$9,682
 
$9,682

 

 

KEYWORDS

-TOTAL REVENUES

-DRAWINGS

-EXPENSES

-NET INCOME (LOSS)

-OWNERS CAPTIAL NOV.1

-OWNERS CAPTIAL DEC. 31

-REVENUES

-TOTAL EXPENSES

-TOTAL REVENUES

 

 

COOKIE CREATIONS
Income Statement
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