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Instructions The following accounts were taken from the Adjusted Trial Balance columns of the end-of-perlod spreadsheet for April 30, for Finnegan Co.: Amount $32,000 78,000
Instructions The following accounts were taken from the Adjusted Trial Balance columns of the end-of-perlod spreadsheet for April 30, for Finnegan Co.: Amount $32,000 78,000 7,250 Accounts Accumulated Depreciation Fees Earned Depreciation Expense Rent Expense Prepaid Insurance Supplies Supplies Expense 34,000 6,000 400 1.800 Required: Prepare an income statement. Be sure to complete the statement heading. Refer to the lists of Accounts in the information given, Labels, and Labels and Amount Descriptions Labels April 30 Expenses For the Period Ended April 30 Amount Descriptions Net income Net loss Total expenses Income Statement Finnegan Co. Income Statement (Label) 1 2 (Label) 3 4 5 6 7
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