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Below are the account balances for Cowboy Law Firm at the end of December. Cash Salaries expense Accounts payable Retained earnings Utilities expense Supplies Service
Below are the account balances for Cowboy Law Firm at the end of December. Cash Salaries expense Accounts payable Retained earnings Utilities expense Supplies Service revenue Common stock Accounts Service revenue Expenses: Required: Use only the appropriate accounts to prepare an income statement. COWBOY LAW FIRM Income Statement For the Period Ended December 31 $ Salaries expense Utilities expense Net income Total expenses Balances $5,400 2,200 3,400 3,900 1,200 13,800 2,200 1,200 9,300 6,000 $ 9,300 3,400 5,900
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