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Analyze the following adjusted Trial Balance for Remington Sales and prepare an Income Statement Remington Sales Adjusted Trial Balance 12/31/2016 Account Debit Credit Cash 63,740

Analyze the following adjusted Trial Balance for Remington Sales and prepare an Income Statement

Remington Sales Adjusted Trial Balance 12/31/2016
Account Debit Credit
Cash 63,740
Accounts Receivable 88,600
Trucks 102,900
Office Furniture 8,400
Accounts Payable 3,000
Notes Payable 30,600
Capital Stock 30,000
Retained Earnings, 2016 January 1 30,540
Dividends 18,300
Sales Revenue 371,010
Fuel Expense 21,900
Salaries Expense 65,850
Utilities Expense 2,310
Rent Expense 15,000
Supplies Expense 75,600
Miscellaneous Expense 2,550
$465,150 $465,150

Prepare an income statement using the adjusted trial balance information.

Remington Sales
Income Statement
For month ended December 31, 2017
Account Debit Credit
Net Income

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