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2) Based on the trial balance for a service company below, prepare an income statement. You can use excel and upload the file in Blackboard
2) Based on the trial balance for a service company below, prepare an income statement. You can use excel and upload the file in Blackboard or complete on paper and upload an image in Blackbaord using the assignment link provided. Cash Accounts receivable Beauty supplies Beauty shop equipment Accounts payable Unearned Revenue S. Crawford, Capital S. Crawford, Withdrawals Services Revenue Rental revenue Beauty supplies expense Rent expense Utilities Expense Wages expense Totals Sally's Salon Trial Balance December 31 Debit $19,500 475 3,500 17,000 36,000 3,425 6,000 $2,000 15,000 $102,900 Credit 900 4,000 21,000 72,000 5,000 $102,900
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