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First drop down box= Revenues first blank box= Service Revenue Second drop down box= Expenses Second blank box= Salaries and Wages Third Blank box= Depreciation
First drop down box= Revenues
first blank box= Service Revenue
Second drop down box= Expenses
Second blank box= Salaries and Wages
Third Blank box= Depreciation Expense
Fourth Blank box= Insurance Expense
5th blank box= Utillities Expense
6th blank box= Maintenance and Repairs Expense
Third Drop drop down box= total Expenses
4th Drop down box = Net income
The boxes down the right side are prices
Thank you!!!
These items are taken from the financial statements of Sheridan Company for 2022. $35,340 2,140 64,500 15,640 14,290 7,920 22,300 12,000 Retained earnings (beginning of year) Utilities expense Equipment Accounts payable Cash Salaries and wages payable Common stock Dividends Supplies Debt investment (long-term) Trademarks Service revenue Prepaid insurance Maintenance and repairs expense Depreciation expense Accounts receivable 3,000 6,200 2,400 70,700 8,420 1,660 3,120 13,630 2,680 Insurance expense Salaries and wages expense Accumulated depreciation-equipment 39,650 21,790 SHERIDAN COMPANY Income Statement For the Year Ended December 31, 2022 $ $ $Step by Step Solution
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