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Accounts Payable Accounts Receivable Cash Common Stock Dividends Equipment Notes Payable Operating Expenses Other Expenses Sales Revenue Supplies $33,000 59,950 13,500 63,030 230 32,000 1,500

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Accounts Payable Accounts Receivable Cash Common Stock Dividends Equipment Notes Payable Operating Expenses Other Expenses Sales Revenue Supplies $33,000 59,950 13,500 63,030 230 32,000 1,500 61,700 9,000 87,300 8,450 Required: 1. Prepare an income statement for the year ended December 31. TIP: Begin by classifying each account as asset, liability, stockholders' equity, revenue, or expense. Each account is reported on or one financial statement. NUCLEAR COMPANY Income Statement For the Year Ended December 31 0 0 Accounts Payable Accounts Receivable Cash Common Stock Dividends Equipment Notes Payable Operating Expenses Other Expenses Sales Revenue Supplies $33,000 59,950 13,500 63,030 230 32,000 1,500 61,700 9,000 87,300 8,450 Required: 1. Prepare an income statement for the year ended December 31. TIP: Begin by classifying each account as asset, liability, stockholders' equity, revenue, or expense. Each account is reported on only one financial statement. NUCLEAR COMPANY Income Statement For the Year Ended December 31 0

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