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Create an income statement based on the above information: AutoSave OFF W CQCOGS[Song] - Saved to my Mac Home Insert Draw Design Layout References Mailings

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Create an income statement based on the above information:

AutoSave OFF W CQCOGS[Song] - Saved to my Mac Home Insert Draw Design Layout References Mailings Review View Developer Acrobat Tell me Share Comments Times New... 12 - Aa A abA Evet AAL AaBbCcDdEe AaBbCcDdEe AaBbCcDc AaBb CcDdEe AaBb AaBbceDd Ee LE Paste B I U ab Normal ADAA No Spacing Title x x Heading 1 Heading 2 Subtitle Styles Pane Dictate 1 24 25 A 10 11 CONCEPT QUIZCreating Financial Statements N Based on the worksheet below for the quarter ending March 31, create an income statement. Trial Balance Adjustments Adjusted Trial Bal. Income Statement Debit Credit Credit Debit Credit Credit Debit 3,850 Balance Sheet Debit Credit 3,850 4,000 450 Debit 3,850 4,000 500 Cash 4,000 450 50 320 320 5000 5000 320 5000 300 2,430 300 600 2,430 300 2,430 A/R Merchandise Inventory A/P Mortgage Payable Unearned Rent J. Seal, Capital J. Seal, Withdrawals Sales Sales Ret. & Allow Cost of Goods Sold Rent Expense Salaries Expense Interest Expense 600 600 600 8,500 8,500 8,500 11 50 12 350 5,550 380 820 800 350 5,600 380 1,020 350 5,600 380 1,020 800 200 800 16,850 16,850 300 300 Rental Income Salaries Payable 200 300 200 17,050 200 550 550 17,050 8,800 8,900 8,250 Net income 8,150 650 9,000 650 8.900 8,800 8.900 Page 1 of 2 220 words English (United States) IT Focus E + 139%

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