Service Revenue Salaries and Wages Expense Depreciation Expense Rent Expense Total 3,700 1,000 2,000 31,900 4,900 31,900 Using the information from the adjusted trial balance, prepare an income statement for the moth ending December 31, 2030. When typing your responses, do NOT include a dollar sign. For example, if your answer is $10,000, you should be typing 10,000 or 10,000.00 without any dollar sign. When listing expenses, you MUST list them in the order they appear in the adjusted trial balance. For a negative amount, include a negative sign or parentheses. For example, if your answer is -$50, you should be typing -50 gr (50)
Service Revenue Salaries and Wages Expense Depreciation Expense Rent Expense Total 3,700 1,000 2,000 31,900 4,900 31,900 Using the information from the adjusted trial balance, prepare an income statement for the moth ending December 31, 2030. When typing your responses, do NOT include a dollar sign. For example, if your answer is $10,000, you should be typing 10,000 or 10,000.00 without any dollar sign. When listing expenses, you MUST list them in the order they appear in the adjusted trial balance. For a negative amount, include a negative sign or parentheses. For example, if your answer is -$50, you should be typing -50 gr (50)
Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter9: Metric-analysis Of Financial Statements
Section: Chapter Questions
Problem 9.23E: Unusual income statement items Assume that the amount of each of the following items is material to...
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Please do not give solution in image format thanku

Transcribed Image Text:The adjusted trial balance of McDoo Company appears below.
Adjusted Trial Balance
McDoo Company
Adjusted Trial Balance
December 31, 2030
Cash
Accounts Receivable
Supplies
Equipment
Accumulated Depreciation -
Equipment
Accounts Payable
Unearned Revenue
Common Stock
Retained Earnings
Dividends
Service Revenue
Debit ($)
4,900
2,200
1,800
15,000
1,300
Credit ($)
6,000
1,700
4,200
10,000
5,100
4,900

Transcribed Image Text:Service Revenue
Salaries and Wages Expense
Depreciation Expense
Rent Expense
Total
31,900
Using the information from the adjusted trial balance, prepare an income statement
for the moth ending December 31, 2030.
Revenues
. When typing your responses, do NOT include a dollar sign. For example, if your answer
is $10,000, you should be typing 10,000 or 10,000.00 without any dollar sign.
. When listing expenses, you MUST list them in the order they appear in the adjusted
trial balance
- For a negative amount, include a negative sign or parentheses. For example, if your
answer is -$50, you should be typing -50 or (50).
Expenses
Total Expenses
Net Income/(Loss)
3,700
1,000
2,000
31,900
Income Statement.
McDoo Company
Income Statement
For the Month Ended December 31, 2030
Income Statement.
McDoo Company
Income Statement.
For the Month Ended December 31, 2030
$
$
$
$
4,900
$
$
man Chase.co
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