On December 31, a company's monthly records show the following accounts. Cash Accounts receivable Supplies Land Services revenue Accounts payable Wages expense Supplies expense Rent expense $ 27,400 4,900 11,900 71,900 89,500 31,900 41,900 9,400 5,400 Use this information to prepare a December income statement. Revenues Expenses Income Statement For Month Ended December 31 Total expenses 0 $ 0
On December 31, a company's monthly records show the following accounts. Cash Accounts receivable Supplies Land Services revenue Accounts payable Wages expense Supplies expense Rent expense $ 27,400 4,900 11,900 71,900 89,500 31,900 41,900 9,400 5,400 Use this information to prepare a December income statement. Revenues Expenses Income Statement For Month Ended December 31 Total expenses 0 $ 0
Century 21 Accounting General Journal
11th Edition
ISBN:9781337680059
Author:Gilbertson
Publisher:Gilbertson
Chapter16: Financial Statements And Closing Entries For A Corporation
Section: Chapter Questions
Problem 5AP
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![On December 31, a company's monthly records show the following accounts.
Cash
Accounts receivable
Supplies
Land
Services revenue
Accounts payable
Wages expense
Supplies expense
Rent expense
$ 27,400
4,900
11,900
71,900
89,500
31,900
41,900
9,400
5,400
Use this information to prepare a December income statement.
Revenues
Expenses
Income Statement
For Month Ended December 31
Total expenses
0
$
0](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F3b5f6b20-2a90-4bf5-8874-1eafd41b02f1%2Ffa137daa-a7bf-4a21-9aa0-b35759c0a92a%2Fwbnbwq_processed.jpeg&w=3840&q=75)
Transcribed Image Text:On December 31, a company's monthly records show the following accounts.
Cash
Accounts receivable
Supplies
Land
Services revenue
Accounts payable
Wages expense
Supplies expense
Rent expense
$ 27,400
4,900
11,900
71,900
89,500
31,900
41,900
9,400
5,400
Use this information to prepare a December income statement.
Revenues
Expenses
Income Statement
For Month Ended December 31
Total expenses
0
$
0
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