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9.10.00 points Following is a list of financial statement items and amounts for Tim Burr's Tree Service as of 12/31/13, the end of its first
9.10.00 points Following is a list of financial statement items and amounts for Tim Burr's Tree Service as of 12/31/13, the end of its first year in operation. Using the below information Accounts Receivable Accounts Payable Cash Contributed Capital Notes Payable Equipment Service Revenue Fuel Expense Rent Expense Advertising Expense Wages Expense Retained Earnings Dividends 40,700 30,700 10,070 20,700 10,140 50,350 103,500 10,070 10,600 5,070 20,700 17,480 1. Prepare the Income Statement for the year ended December 31, 2013 TIM BURR'S TREE SERVICE Income Statement For the Year Ended December 31, 2013 Revenues Service Revenue 103,500 Total Revenues 103,500 Expenses Fuel Expense Rent Expense Advertising Expense Wages Expense 10,070 10,600 5,070 20,700 Total Expenses 46,440 et Income
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