The adjusted trial balance of Lumas Corporation at December 31, 1998, includes the following accounts: Retained Earnings

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The adjusted trial balance of Lumas Corporation at December 31, 1998, includes the following accounts: Retained Earnings $15,600; Dividends $6,000; Service Revenue $35,400; Salaries Expense $13,000; Insurance Expense $2,000; Rent Expense $4,000; Sup- plies Expense $1,500, and Depreciation Expense $1,000. Prepare an income statement for the year.

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Financial Accounting Tools For Business Decision Making

ISBN: 9780471169192

1st Edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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