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III Using the Adjusted Trial Balance below prepare an Income Statement in proper form for the year ended December 31, 2019. XYZ COMPANY WORKSHEET FOR

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III Using the Adjusted Trial Balance below prepare an Income Statement in proper form for the year ended December 31, 2019. XYZ COMPANY WORKSHEET FOR THE YEAR ENDED DECEMBER 31, 2019 ADJUSTED TRIAL BALANCE ACCOUNT TITLES DEBIT ($) CREDIT ($) Accumulated depreciation - Building Accounts Payable $ $ 138,240 31,000 AAAAA ACCOUNT TITLES DEBIT ($) CREDIT ($) $ 138,240 31,000 $ $ 28,200 5,000 345,600 Accumulated depreciation - Building Accounts Payable Accounts Receivable Advertising Expense Building Capital - Celina Carlos Cash Depreciation Insurance Expense Internet Expense Land $ 682,724 $ 76,320 13,824 3,000 1,060 350,000 $ $ - Nhanh 163,000 5,000 2,500 3,000 $ $ 36,000 $ Music Writing Revenue Notes Payable Notes Receivable Prepaid Insurance Rent Revenue Supplies Supplies Expense Telephone Expense Unearned Revenue Utilities Expense Wage Expense Withdrawals - Celina Carlos $ 900 1,340 1,120 $ 1,900 3,000 135,000 88,000 $ Totals $ 1,057,864 $ 1,057,864

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