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2. Question: Below are the account balances for a company at the end of December. Accounts Balances Cash $ 4,000 Salaries expense 1,500 Accounts

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2. Question: Below are the account balances for a company at the end of December. Accounts Balances Cash $ 4,000 Salaries expense 1,500 Accounts payable 2,000 Retained earnings 4,400 Utilities expense 1,000 Supplies 12,400 Service revenue 7,900 4,600 Common stock Required: Use only the appropriate accounts to prepare an income statement.

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