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Activity 1 - Preparing the Income Statement Prepare the income Statement from the Adjusted Trial Balance. Within each section of the statement, use the drop-down

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Activity 1 - Preparing the Income Statement Prepare the income Statement from the Adjusted Trial Balance. Within each section of the statement, use the drop-down menus to enter the accounts and select the account balances. SMART TOUCH LEARNING Adjusted Trial Balance December 31, 2016 Balance Debi Credit Account Title 20700 Revenue Accounts 11.400 200 Office Supplies Expenses Prepard Rent 13.000 Ramire 2400 Accumulated Deprecation Furniture 8300 Arraunts Payable 600 interest Payable 400 Total Expenses 13,100 Uneamed Ree 6,900 Net Income 49,600 Notes Payable 9,600 Common Stock 13.500 ined aming 13800 Dividends 35.100 Service Revenue 62.700 Depreciation Dense-Furniture 2700 Interested 4100 4800 Supplies 100 118.500 110.500

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