Income statement

A Byte of Accounting, Inc. Worksheet For Period Ending June 30, 2021 Unadjusted Trial Balance Name Debit Credit Cash 51,788.64 Accounts Receivable 10,015.00 Prepaid Insurance 4,968.00 Prepaid Rent 6,600.00 Office Supplies 50500 3 Office Equip 1,974.00 Accum Depr Office Equip 5 Computer Equip 204,850.00 Accum. Depr. -Computer Equip. 7 Building Cost 80,000.00 Accum. Depr. Building 9 Land 15,000.00 0 Accounts Payable 10,374.00 1 Advanced Payments -2 Interest Payable 3 Salaries Payable 24 Income Taxes Payable 25 Mortgage Payable 85,500.00 26 Notes Payable 103,500.00 27 Capital Stock 166 124.00 28 Retained Earnings 29 Dividends 1.537.36 30 31 Computer & Consulting Revenue 16.015.00 32 Rent Expense 33 Salary Expense 1.670.00 H NA l tin th ph i. 4950 Adjusting Entries Adjusted Trial Balance Debit Credit Debit Credit 51,788.64 5,500.00 15,515.00 207.00 4,761.00 2,200.00 4,400.00 303.00 202.00 1,974.00 19.93 19.93 204,850.00 3.414.17 3,414.17 80,000.00 190.48 190.48 15,000.00 10,374.00 1.343.05 501.00 2.375.32 1,343.05 501.00 2.375.32 85,500.00 103,500.00 166,124.00 1.537.36 5.500.00 21,515.00 2,200.00 501.00 2.200.00 2.171.00 YA 85,500.00 103,500.00 166,124.00 85,500.00 103,500.00 166,124.00 1,537.36 1,537.36 16.015.00 5,500.00 21,515.00 2,200.00 501.00 207.00 1,670.00 425.00 1,215.00 965.00 B Mortgage Payable Notes Payable Capital Stock 3 Retained Earnings Dividends 3 1 Computer & Consulting Revenue 2 Rent Expense 3 Salary Expense 4 Advertising Expense 5 Repairs & Maint. Expense 6 Oil & Gas Expense 37 Supplies Expense 38 Interest Expense 39 Insurance Expense 10 Depreciation Expense 41 Income Tax Expense 42 43 44 45 46 47 TOTAL 48 49 50 51 2,200.00 2.171.00 632.00 1,215.00 965.00 303.00 1,343.05 303.00 1,343.05 3,624.58 2,375.32 3,624.58 2,375.32 381,513.00 381,513.00 16.053.95 16.053.95 394,856.95 394 856.95 B E D A Byte of Accounting, Inc. Income Statement For Month Ending June 30, 2021 Revenues Computer & Consulting Revenue Expenses Rent Expense Salary Expense Advertising Expense Repairs & Maint. Expense Oil & Gas Expense Supplies Expense Interest Expense Insurance Expense Depreciation Expense Total Expenses Net Income Before Tax Income Tax Expense (Round to two decimal places) Net Income After Tax A Byte of Accounting, Inc. Worksheet For Period Ending June 30, 2021 Unadjusted Trial Balance Name Debit Credit Cash 51,788.64 Accounts Receivable 10,015.00 Prepaid Insurance 4,968.00 Prepaid Rent 6,600.00 Office Supplies 50500 3 Office Equip 1,974.00 Accum Depr Office Equip 5 Computer Equip 204,850.00 Accum. Depr. -Computer Equip. 7 Building Cost 80,000.00 Accum. Depr. Building 9 Land 15,000.00 0 Accounts Payable 10,374.00 1 Advanced Payments -2 Interest Payable 3 Salaries Payable 24 Income Taxes Payable 25 Mortgage Payable 85,500.00 26 Notes Payable 103,500.00 27 Capital Stock 166 124.00 28 Retained Earnings 29 Dividends 1.537.36 30 31 Computer & Consulting Revenue 16.015.00 32 Rent Expense 33 Salary Expense 1.670.00 H NA l tin th ph i. 4950 Adjusting Entries Adjusted Trial Balance Debit Credit Debit Credit 51,788.64 5,500.00 15,515.00 207.00 4,761.00 2,200.00 4,400.00 303.00 202.00 1,974.00 19.93 19.93 204,850.00 3.414.17 3,414.17 80,000.00 190.48 190.48 15,000.00 10,374.00 1.343.05 501.00 2.375.32 1,343.05 501.00 2.375.32 85,500.00 103,500.00 166,124.00 1.537.36 5.500.00 21,515.00 2,200.00 501.00 2.200.00 2.171.00 YA 85,500.00 103,500.00 166,124.00 85,500.00 103,500.00 166,124.00 1,537.36 1,537.36 16.015.00 5,500.00 21,515.00 2,200.00 501.00 207.00 1,670.00 425.00 1,215.00 965.00 B Mortgage Payable Notes Payable Capital Stock 3 Retained Earnings Dividends 3 1 Computer & Consulting Revenue 2 Rent Expense 3 Salary Expense 4 Advertising Expense 5 Repairs & Maint. Expense 6 Oil & Gas Expense 37 Supplies Expense 38 Interest Expense 39 Insurance Expense 10 Depreciation Expense 41 Income Tax Expense 42 43 44 45 46 47 TOTAL 48 49 50 51 2,200.00 2.171.00 632.00 1,215.00 965.00 303.00 1,343.05 303.00 1,343.05 3,624.58 2,375.32 3,624.58 2,375.32 381,513.00 381,513.00 16.053.95 16.053.95 394,856.95 394 856.95 B E D A Byte of Accounting, Inc. Income Statement For Month Ending June 30, 2021 Revenues Computer & Consulting Revenue Expenses Rent Expense Salary Expense Advertising Expense Repairs & Maint. Expense Oil & Gas Expense Supplies Expense Interest Expense Insurance Expense Depreciation Expense Total Expenses Net Income Before Tax Income Tax Expense (Round to two decimal places) Net Income After Tax