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Credit Debit $ 15,000 30,000 7,500 3,200 40,000 160,000 $ 12,000 75,000 Picture Perfect Photography Adjusted Trial Balance December 31, 2024 Accounts Cash Accounts Receivable

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Credit Debit $ 15,000 30,000 7,500 3,200 40,000 160,000 $ 12,000 75,000 Picture Perfect Photography Adjusted Trial Balance December 31, 2024 Accounts Cash Accounts Receivable Prepaid Insurance Office Supplies Land Building Accumulated Depreciation-Building Equipment Accumulated Depreciation-Equipment Accounts Payable Salaries Payable Unearned Revenue Mortgage Payable Common Stock Dividends Service Revenue Salaries Expense Depreciation Expense-Building and Equipment Office Supplies Expense Insurance Expense Utilities Expense Total 8,500 12,000 2,000 25,000 100,000 21,290 23,000 289,000 61,000 6,150 14,040 14,000 20.900 $469.790 $469.790 Using the information provided in the worksheet above, prepare an income statement for Picture Perfect Photography

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