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Darell Hair Stylists's adjusted trial balance follows. Prepare Darell's income statement for the year ended December 31, 2024. Darell Hair Stylists Income Statement Year Ended

image text in transcribedimage text in transcribed Darell Hair Stylists's adjusted trial balance follows. Prepare Darell's income statement for the year ended December 31, 2024. Darell Hair Stylists Income Statement Year Ended December 31, 2024 Net Income (Loss) Darell Hair Stylists Adjusted Trial Balance December 31, 2024 \begin{tabular}{|c|c|c|c|} \hline \multirow{3}{*}{\begin{tabular}{l} Account Title \\ Cash \end{tabular}} & \multicolumn{3}{|c|}{ Balance } \\ \hline & \multicolumn{2}{|c|}{ Debit } & \multirow[t]{2}{*}{ Credit } \\ \hline & $ & 1,200 & \\ \hline Accounts Receivable & & 1,600 & \\ \hline Office Supplies & & 1,000 & \\ \hline Equipment & & 20,700 & \\ \hline Accumulated Depreciation-Equipment & & $ & 2,400 \\ \hline Accounts Payable & & & 300 \\ \hline Interest Payable & & & 300 \\ \hline Notes Payable & & & 3,500 \\ \hline Darell, Capital & & & 14,500 \\ \hline Darell, Withdrawals & & 1,800 & \\ \hline Service Revenue & & & 14,300 \\ \hline Rent Expense & & 4,800 & \\ \hline Supplies Expense & & 100 & \\ \hline Depreciation Expense-Equipment & & 2,400 & \\ \hline Interest Expense & & 1,700 & \\ \hline Total & $ & 35,300$ & 35,300 \\ \hline \end{tabular}

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