Selected financial information for Solar Company for the year ended December 31, 2015, follows. Revenues . .

Question:

Selected financial information for Solar Company for the year ended December 31, 2015, follows.

Revenues . . . . . . .    $68,000

Expenses . . . . . . . .   $40,000

Net income . . . . . . . $28,000


Required

Prepare the 2015 income statement for Solar Company.

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Related Book For  book-img-for-question

Fundamental Accounting Principles

ISBN: 978-0077862275

22nd edition

Authors: John Wild, Ken Shaw, Barbara Chiappetta

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