JBT, Inc.
Income Statement
For the year ended 12/31/XX
Revenues			Amount
Expenses:
	Utility Expense	400
	Rent Expense	1,000
	Supplies Expense	2,500
	Depreciation Expense - Building	500
	Depreciation Expense - Equipment	250
	Salary Expense	2,300
Total Expenses			6,950
Title			Formula

To Dolint. JBT, Trail Inc. Balance For the yr. Account Cash he yr. ended 12/31 (XX lon on Debit credit an Accounts Reciev. Equipment ick Accumulated so E" Depreciation - Equip. KO 100 15,000 8,600 - Er Supplies 1,500 13,000 750 E" Building 3 ko 140,000 s E Accumulated 2,000 -Depreiation - Build. clic Accounts 6,soo payable Ek Saleries 2,300 Payable Unearned Revenue 2,000 Dividends Common Stock 10,000 Retained earnings 45,000 Service Rev. 16,900 Utility Expense 400 Tent Expense T1,000 Supplics Expense 2,500 Depreciation Expense - Build 500 Depreciation Expense. Equip/250 Salary Expense 2,300 85,450 185,450