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Below are the account balances for Cowboy Law Firm at the end of December. Accounts Balances Cash $ 4,400 Salaries expense 1,700 Accounts payable 2,400
Below are the account balances for Cowboy Law Firm at the end of December.
Accounts | Balances | ||
Cash | $ | 4,400 | |
Salaries expense | 1,700 | ||
Accounts payable | 2,400 | ||
Retained earnings | 4,300 | ||
Utilities expense | 1,100 | ||
Supplies | 12,800 | ||
Service revenue | 8,300 | ||
Common stock | 5,000 | ||
Required:
Use only the appropriate accounts to prepare an income statement.
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