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lookinh for help with income statement These items are taken from the financial statements of Wildhorse Co. for 2022. Retained earnings (beginning of year) $33,820
lookinh for help with income statement
These items are taken from the financial statements of Wildhorse Co. for 2022. Retained earnings (beginning of year) $33,820 Utilities expense 2,160 Equipment 63,900 16,060 Accounts payable Cash 13,950 5,910 Salaries and wages payable Common stock 23,500 Dividends 12,000 Supplies 3,900 Debt investment (long-term) 5,800 Trademarks 2.400 Trademarks 2,400 Service revenue 71,100 Prepaid insurance 6.410 Maintenance and repairs expense 1,640 Depreciation expense 3,330 Accounts receivable 13,630 Insurance expense 2,4470 Salaries and wages expense 40.250 Accumulated depreciation-equipment 21,450 Prepare an income state nent for the year ended December 31, 2022. (Enter negative amounts using either a negative sign prece the number eg.-45 or parentheses e... (45).) WILDHORSE CO. Income Statement $ Step by Step Solution
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