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Golf Academy, Incorporated, provides private golf lessons. Its unadjusted trial balance at December 31, 2021, follows, along with information about selected accounts. Account Names Coah

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Golf Academy, Incorporated, provides private golf lessons. Its unadjusted trial balance at December 31, 2021, follows, along with information about selected accounts. Account Names Coah Supplies Deferred Revenue Salaries and Wages Payable Income Tax Payablo Interest Payable Notes Payable (long-term) Dobit Credit Further Information $ 32,700 As reported on December 31 bank statement. 760 Based on count, only $280 of supplies still exist of this amount, $3,800 was received for 64,380 December london and $500 for January lessons. Employees were paid $1,800 for 10 days of work through December 28. They have not 0 yet been paid for work on December 29 and 30. 0 The company has paid last year's income tax but not this year'a tax. The company has not paid tho $110 of 0 interest owed on its notos payable for the current period. 13,200 This one-year note was taken out this year on December 1. This amount was contributed for common 1,000 stock in prior yoars. 3,800 This is the balance reported at the end of last year Most customers pay cash for losons cach 51,180 time they are provided, but some customers pay in advance! 36,900 Employees worked through December 30 but did not work on December 31. This is the cost of supplios used through 3,200 November 30. The company has not paid the $110 of 0 interest owed on its notos payable for the current period. The company has on average tax rate of 0 301. 73,560 5 73,560 Common Stock Retained Earnings Service Ravenue Salaries and Wagen Expense Supplies Expono Interest Expense Income Tax Expense Total Required: 1. Prepare the (preliminary) unadjusted net income statement for the year ended December 31, 2021. GOLF ACADEMY, INCORPORATED Unadjusted Income Statement For the Year Ended December 31, 2021 + 0

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