Below are the account balances for Cowboy Law Firm at the end of December.

Required:

Use only the appropriate accounts to prepare an income statement.

Balances Accounts $ 5,000 2,000 Cash Salaries expense Accounts payable Retained earnings Utilities expense 3,000 4,000 1,100 Supplies Service revenue 13,400 8,900 5,600 Common stock COWBOY LAW FIRM Income Statement For the Period Ended December 31 Expenses: Total expenses