Prepare an income statement for the three months ended December 31, 2021. Revenue BUSINESS SOLUTIONS Income Statement For Three Months Ended December 31, 2021

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
Number
101
106
126
128
131
163
164
210
236
307
318
319
403
612
613
623
637
640
652
655
676
677
684
901
Cash
Accounts receivable
Computer supplies
Prepaid insurance
Accumulated depreciation-Office equipment
167
Computer equipment
168 Accumulated depreciation-Computer equipment
201
Prepaid rent
office equipment
Revenue
Account Title
Accounts payable
Wages payable
Unearned computer services revenue
Common stock
Retained earnings
Dividends
Computer services revenue
Depreciation expense-Office equipment
Depreciation expense-Computer equipment
Wages expense
Insurance expense
Rent expense
Computer supplies expense
Advertising expense
Mileage expense
Miscellaneous expenses
Repairs expense-Computer
Income summary
Totals
Expenses
Debit
$38,464
13,018
2,645
BUSINESS SOLUTIONS
Income Statement
For Three Months Ended December 31, 2021
1,980
3,140
8,800
22,000
6,300
0
0
2,175
8
0
8
1,648
674
230
745
Credit
Prepare an income statement for the three months ended December 31, 2021.
$0
8
68,000
e
33,819
$ 101,819 $ 101,819
Transcribed Image Text:Number 101 106 126 128 131 163 164 210 236 307 318 319 403 612 613 623 637 640 652 655 676 677 684 901 Cash Accounts receivable Computer supplies Prepaid insurance Accumulated depreciation-Office equipment 167 Computer equipment 168 Accumulated depreciation-Computer equipment 201 Prepaid rent office equipment Revenue Account Title Accounts payable Wages payable Unearned computer services revenue Common stock Retained earnings Dividends Computer services revenue Depreciation expense-Office equipment Depreciation expense-Computer equipment Wages expense Insurance expense Rent expense Computer supplies expense Advertising expense Mileage expense Miscellaneous expenses Repairs expense-Computer Income summary Totals Expenses Debit $38,464 13,018 2,645 BUSINESS SOLUTIONS Income Statement For Three Months Ended December 31, 2021 1,980 3,140 8,800 22,000 6,300 0 0 2,175 8 0 8 1,648 674 230 745 Credit Prepare an income statement for the three months ended December 31, 2021. $0 8 68,000 e 33,819 $ 101,819 $ 101,819
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