Can someone use this to create an example of how to make an income statement pls? Income StatementInstructionsLabels and Amount DescriptionsIncome StatementInstructions12 Mary Adams, Drawing2,200.0013 Service Fees4,812.0014 Wages Expense1,090.0015 Advertising Expense32.0016 Rent Expense1,000.0017 Supplies Expense322.0018 Phone Expense133.0019 Utilities Expense101.0020 Insurance Expense130.0021 Gas and Oil Expense89.0022 Depreciation Expense-Office Equipment100.0023 Miscellaneous Expense98.00243,095.004,812.009,917.008,200.0025 Net Income1,717.001,717.0026$4,812.00$4,812.00$9,917.00$9,917.00 structionsLabels and Amount DescriptionsIncome StatementructionsAdams' Shoe ShineWork Sheet (Partial)For Month Ended June 30, 20--INCOMEINCOME1BALANCE SHEETBALANCE SHEETSTATEMENTSTATEMENTACCOUNT TITLEDEBITCREDITDEBITCREDIT3Cash2,724.004.Accounts Receivable1,243.005 Supplies900.006 Prepaid Insurance650.007 Office Equipment2,200.00Accumulated Depreciation-Office Equipment8100.00Accounts Payable1,840.0010 Wages Payable260.0011 Mary Adams, Capital6,000.0012 Mary Adams. Drawing2.200.00Previous

Income statement of Adams' shoe shine for the month ended June 30,20XX are as follows

Answered: Can someone use this to create an…

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

Financial And Managerial Accounting

15th Edition

ISBN:9781337902663

Author:WARREN, Carl S.

Publisher:WARREN, Carl S.

Chapter5: Accounting For Retail Businesses

Section: Chapter Questions

Problem 35E: Appendix 1 Adjusting entry for gross method The following data were extracted from the accounting...

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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

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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