accounting assignment 03B

Financial Statements and Closing Entries The ddusted trial balance shown below is for Fine Conwilurg Service as of December 31. Byran Fine made no capital contributions during the year. Regured A. Prepare an income statement and a vatement of stockholden equity for the year, and a batance shemt as of Decenteer 31. b hitpare cloting entres directly to ketaned Earnings in general foumal form. FINE CONSULTING SERVICE Income Statement For Year Ended December 31 \begin{tabular}{|l|l|l|} \hline Revenue & & \\ \hline Service Fees Earned & $ & 0 \\ \hline Expenses & & \\ \hline Rent Expense & 0 & \\ \hline Salaries Expense & 0 & \\ \hline Supplies Expense & 0 & \\ \hline Insurance Expense & 0 & \\ \hline Depreciation Expense-Equipment & 0 & \\ \hline Interest Expense & 0 & \\ \hline \multicolumn{1}{|c|}{ Total Expenses } & & \\ \hline Net Income & \multicolumn{1}{|l|}{$} \\ \hline \end{tabular} Financial Statements and Closing Entries The ddusted trial balance shown below is for Fine Conwilurg Service as of December 31. Byran Fine made no capital contributions during the year. Regured A. Prepare an income statement and a vatement of stockholden equity for the year, and a batance shemt as of Decenteer 31. b hitpare cloting entres directly to ketaned Earnings in general foumal form. FINE CONSULTING SERVICE Income Statement For Year Ended December 31 \begin{tabular}{|l|l|l|} \hline Revenue & & \\ \hline Service Fees Earned & $ & 0 \\ \hline Expenses & & \\ \hline Rent Expense & 0 & \\ \hline Salaries Expense & 0 & \\ \hline Supplies Expense & 0 & \\ \hline Insurance Expense & 0 & \\ \hline Depreciation Expense-Equipment & 0 & \\ \hline Interest Expense & 0 & \\ \hline \multicolumn{1}{|c|}{ Total Expenses } & & \\ \hline Net Income & \multicolumn{1}{|l|}{$} \\ \hline \end{tabular}