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Kimmel, Financial Accounting, 8e OURCES Question 1 The following items are taken from the financial statemen $18,500 8,000 4,800 18,000 24,000 25,000 27,000 4,800 5,300

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Kimmel, Financial Accounting, 8e OURCES Question 1 The following items are taken from the financial statemen $18,500 8,000 4,800 18,000 24,000 25,000 27,000 4,800 5,300 44,000 2,500 7,500 16,000 5,200 50,500 4,500 Accounts payable Accounts receivable Accumulated depreciation- equipment Bonds payable Cash Common stock Cost of goods sold Depreciation expense Dividends Equipment Interest expense Patents Retained earnings, January 1 Salaries and wages expense Sales revenue Supplies by Study (al) Prepare an income statement

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