2 parts: income statement and statement of retained earnings

Debit Credit AcCount Title $ 8,70e Cash 16,500 2,000 194,eee Accounts receivable office supplies Trucks $ 39,964 Accumulated depreciation-Trucks Land 75,eee 12,7ee 3,000 52,eee 18,00e 165,348 AcCounts payable Interest payable Long-term notes payable Common stck Retained earnings 19,0ee Dividends Trucking fees earned Depreciation expense-Trucks salaries expense office supplies expense Repairs expense-Trucks 137,0ee 25,777 64,253 11,eee 11,782 Totals $428,012 $428,012 The Retained Earnings account balance Is $165,348 at December 31, 2016 (1) Prepare the Income statement for the year ended December 31, 2017 (2) Prepare the statement of retalned earnings for the year ended December 31, 2017 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare the income statement for the year ended December 31, 2017. WIL SON TRUCKING COMPANY Income Statement For Year Ended December 31, 2017 Revenues Expenses $428,012 $428, 012 Totals The Retalned Earnings account balance Is $165,348 at December 31, 2016. (1) Prepare the Income statement for the year ended December 31, 2017 (2) Prepare the statement of retained earnings for the year ended December 3 Complete this question by entering your answers in the tabs below. Required 2 Required 1 Prepare the income statement for the year ended December 31, 2017. WILSON TRUCKING COMPANY Income Statement For Year Ended December 31, 2017 Revenues Expenses Total expenses Required 2 > Mc raw Type here to search a Retained earnings Dividends Trucking fees earned Depreciation expense-Trucks Salaries expense office supplies expense Repairs expense-Trucks 19,000 137,eee 25,777 64,253 11,eee 11,782 $428,012 $428,e12 Totals The Retained Earnings account balance Is $165,348 at December 31, 2016. (1) Prepare the Income statement for the year ended December 31, 2017 (2) Prepare the statement of retained earnings for the year ended December 31, Complete this question by entering your answers in the tabs below. Requiredt Required 1 Prepare the statement of retained earnings for the year ended December 31, 2017. WIL SON TRUCKING COMPANY Statement of Retained Earnings For Year Ended December 31, 2017 Retained eamings. December 31, 2016 Retained eamings, December 31, 2017