Hair Stylists' adjusted trial balance follows. Prepare

Davin's

income statement for the year ended

December

31,

2024.

Davin Hair Stylists

Adjusted Trial Balance

December 31, 2024

Balance

Account Title

Debit

Credit

Cash

$700

Accounts Receivable

500

Office Supplies

1,200

Equipment

20,000

Accumulated DepreciationEquipment

$1,100

Accounts Payable

900

Interest Payable

1,000

Notes Payable

3,700

Common Stock

11,200

Dividends

1,300

Service Revenue

14,300

Rent Expense

5,100

Supplies Expense

800

Depreciation ExpenseEquipment

1,100

Interest Expense

1,500

Total

$32,200

$32,200

(Click on the icon to view the adjusted trial balance.)

		Davin Hair Stylists
		Income Statement
		Year Ended December 31, 2024
Net Income (Loss)

Choose from any list or enter any number in the input fields and then continue to the next question.