Instructions Labels and Amount Descriptions Income Statement metall the Late Instructions The assets and abilities of Thompson Computer Services at March 31, the end of the cument year, and was $120,000 and the retained eamings were $60,000 at April 1, the beginning of the cument year. During revenue and expenses for the year are listed below. The common stock the year, shareholders purchased an additional $25,000 in stock Accounts Amount Accounts Amount Accounts payable $2,000 Miscellaneous expense $300 Accounts receivable 10,340 Office expense 470 Cash 21,420 Supplies 1,670 Fees eamed 78.340 Wages expense 25.320 Land 47,000 Dividends 16.570 157,600 Building Required: Prius Instructions Labels and Amount Descriptions Income St Instructions Labels and Amount Descriptions Labels Expenses For the Year Ended March 31 March 31 Amount Descriptions Balances, April 1 Balances, April 30 Common stock Dividends Net income Net loss Check My Work 2 more Check My Work uses remaining All work saved 80 23 888 "A 54 3 #3 tv 02 85 5 TA 66 8= & 87 Instructions Labels and Amount Descriptions ANTIQUIT VESUTIVLIVI Balances, April 1 Balances, April 30 Common stock Dividends Net income Net loss Retained earnings Total assets Total expenses Total liabilities and stockholders' equity Check My Work 2 more Check My Work uses remaining C 80 7=2 883 "4 54 #3 E All work saved tv N % 85 PA 66 D 100 g= 7 &7 R T Y U Instructions Income Statement 1 Fees earned Expenses Wages expense Office expense Miscellaneous expense Income Statement For the Year Ended March 31 Total expenses Net income $25,550.00 1.240.00 1050-00 25,820.00 $4763000 QO