Can someone use this to create an example of how to make an income statement pls?

College Accounting, Chapters 1-27
23rd Edition
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter10: Accounting For Sales And Cash Receipts
Section: Chapter Questions
Problem 7SEB: JOURNALIZING SALES RETURNS AND ALLOWANCES Enter the following transactions starting on page 60 of a...
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Can someone use this to create an example of how to make an income statement pls?
Income Statement
Instructions
Labels and Amount Descriptions
Income Statement
Instructions
12 Mary Adams, Drawing
2,200.00
13 Service Fees
4,812.00
14 Wages Expense
1,090.00
15 Advertising Expense
32.00
16 Rent Expense
1,000.00
17 Supplies Expense
322.00
18 Phone Expense
133.00
19 Utilities Expense
101.00
20 Insurance Expense
130.00
21 Gas and Oil Expense
89.00
22 Depreciation Expense-Office Equipment
100.00
23 Miscellaneous Expense
98.00
24
3,095.00
4,812.00
9,917.00
8,200.00
25 Net Income
1,717.00
1,717.00
26
$4,812.00
$4,812.00
$9,917.00
$9,917.00
Transcribed Image Text:Income Statement Instructions Labels and Amount Descriptions Income Statement Instructions 12 Mary Adams, Drawing 2,200.00 13 Service Fees 4,812.00 14 Wages Expense 1,090.00 15 Advertising Expense 32.00 16 Rent Expense 1,000.00 17 Supplies Expense 322.00 18 Phone Expense 133.00 19 Utilities Expense 101.00 20 Insurance Expense 130.00 21 Gas and Oil Expense 89.00 22 Depreciation Expense-Office Equipment 100.00 23 Miscellaneous Expense 98.00 24 3,095.00 4,812.00 9,917.00 8,200.00 25 Net Income 1,717.00 1,717.00 26 $4,812.00 $4,812.00 $9,917.00 $9,917.00
structions
Labels and Amount Descriptions
Income Statement
ructions
Adams' Shoe Shine
Work Sheet (Partial)
For Month Ended June 30, 20--
INCOME
INCOME
1
BALANCE SHEET
BALANCE SHEET
STATEMENT
STATEMENT
ACCOUNT TITLE
DEBIT
CREDIT
DEBIT
CREDIT
3
Cash
2,724.00
4.
Accounts Receivable
1,243.00
5 Supplies
900.00
6 Prepaid Insurance
650.00
7 Office Equipment
2,200.00
Accumulated Depreciation-Office Equipment
8
100.00
Accounts Payable
1,840.00
10 Wages Payable
260.00
11 Mary Adams, Capital
6,000.00
12 Mary Adams. Drawing
2.200.00
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Transcribed Image Text:structions Labels and Amount Descriptions Income Statement ructions Adams' Shoe Shine Work Sheet (Partial) For Month Ended June 30, 20-- INCOME INCOME 1 BALANCE SHEET BALANCE SHEET STATEMENT STATEMENT ACCOUNT TITLE DEBIT CREDIT DEBIT CREDIT 3 Cash 2,724.00 4. Accounts Receivable 1,243.00 5 Supplies 900.00 6 Prepaid Insurance 650.00 7 Office Equipment 2,200.00 Accumulated Depreciation-Office Equipment 8 100.00 Accounts Payable 1,840.00 10 Wages Payable 260.00 11 Mary Adams, Capital 6,000.00 12 Mary Adams. Drawing 2.200.00 Previous
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