Accounting

QUESTION:1) Prepare an Income Statement for Jan 31, 2018 based on the information available in the trial balance. Anna Car Repairing Shop Trial Balance For the Month of January 2018 Account Name Debit Credit $ $ Cash 11230 100000 20000 20000 Anna's capital Prepaid rent Notes Payable Equipment Office supplies Accounts Payable 80000 22800 5200 Service revenue 82600 Wage Expense 19100 Accounts Receivable 17200 19000 5000 2470 Water Charges Advertisement Expenses Electricity Charges Telephone Expenses Electricity charges payable Telephone Expenses payable Miscellaneous Expenses 1494 2470 1494 3470 Rent Expenses 10000 Total 211764 211764