complete an income statement for the attached

Trial Balance 630/2020 3 5 Credit 7 8 10,500.00 9 10 11 Account Cash Accounts Receivable 120 Equipment & Supplies 130 Land + Property Accounts Payable 210 Common Stock 310 Repairs Inventory Advertising Expense 510 Revenue Utility Insurance Exp Wages Wages Payable Dividens $ $ $ $ $ $ $ $ $ 335,666.25 1,119,500.00 Trial Balance Debit 950,932.00 $ 123,145.00 $ 351,523.00 $ $ $ 1,800.00 $ 18,500.00 $ 1,500.00 $ 10,000.00 $ 2,000.00 $ 26,000.00 $ 6,191.78 $ $ 5,000.00 S To S 20,000.00 18 $ $ $ 19 20 2,191.78 21 un $ $ Interest Interst Payable Build Depreciation Equipment Depreciation PrePaid Insurance COGS 1.766.25 11.195.00 124 25 S S S 11.195.00 2.000.00 8,500.00 Subtotal $ 1,509,553.03 S 1,509,553.03 Closing Enteries Closing Enteries Date Particulars Debit in $ Credit in $ 30.6.2020 Income Summary a/c Dr. 67186.78 To Sales Return and allowances 10000 To Repairs Expense 1800 To Advertising Expense 1500 To Utility Expense 2000 To Insurance Expense 26000 To Wages Expense 6191.78 To Equipment Depre 11195 To COGS 8500 (Expense accounts closed) Dr. 20000 30.6.2020 Revenue a/c To Income Summary (Revenue accounts closed 20000 Dr. 47186.78 30.6.2020 Retained Earnings a/c To Income Summary (loss Transferred) 47186.78 Dr. 5000 30.6.2020 Retained Earnings a/c To Dividend (Dividend account closed) 5000