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5200 24) These financial statement items are for Kyle Company at year-end, December 31, 2019 Salaries and wages payable $ 2,980 Rent revenue $ 6.500
5200 24) These financial statement items are for Kyle Company at year-end, December 31, 2019 Salaries and wages payable $ 2,980 Rent revenue $ 6.500 Salaries and wages expense 45.700 Cash Utilities expense 21,100 Accounts recervable 9,780 Equipment 38,000 Accounts payable 4,100 Fuel Expense 4,000 Dividends Service revenue 57,200 Owner's Capital Instructions: Prepare an income statement (with the proper three-line heading) for 2019, 25) The following items were taken from the financial statements of Garcia Compa Mortgage payable $ 2,340 Accumulated depreciation Prepaid expenses 980 Accounts payable Property, plant, and equipment 11,500 Notes payable due after 2020 Long-term investments 1,300 Owner's capital Short-term investments 3,690 ounts recevable Notes payable due in 2020 1,000 Cash 2,750 1.200 14.026 1.696 1,765 Instructions: Prepare a classified balance sheet in good form (with the proper three-lin heading) as of December 31, 2019
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