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6. Prepare an income statement for 2019 (not all accounts will be used) Accounts payable Accounts receivable Advertising expense Cash Common stock Dividends Equipment Insurance
6. Prepare an income statement for 2019 (not all accounts will be used) Accounts payable Accounts receivable Advertising expense Cash Common stock Dividends Equipment Insurance expense 30,000 Notes payable 40,000 Rent expense 24,000 Retained earnings (beginning) 95,000 Service revenue 98,000 Supplies 3,000 Supplies expense 147,000 Wages expense 35,000 Wages payable 70,000 43,000 26,000 355,000 2,000 12,000 208,000 30,000 ABC Co. Income Statement For the year ended December 31, 2019 7. Prepare a statement of retained earnings for 2019 (not all accounts will be used). ABC Co. Statement of Retained Earnings For the year ended December 31, 2019 8. What is the balance of Total Assets at December 31, 2019
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