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Natalie had a very busy December. At the end of the month, after journalizing and posting the December transactions and adjusting entries, Natalie prepared the

Natalie had a very busy December. At the end of the month, after journalizing and posting the December transactions and adjusting entries, Natalie prepared the following adjusted trial balance.

COOKIE CREATIONS Adjusted Trial Balance December 31, 2016

Debit

Credit

Cash

$1,180

Accounts Receivable

875

Supplies

350

Prepaid Insurance

1,210

Equipment

1,200

Accumulated DepreciationEquipment

$40

Accounts Payable

75

Salaries and Wages Payable

56

Unearned Service Revenue

300

Notes Payable

2,000

Interest Payable

15

Common Stock

800

Dividends

500

Service Revenue

4,515

Salaries and Wages Expense

1,006

Utilities Expense

125

Advertising Expense

165

Supplies Expense

1,025

Depreciation Expense

40

Insurance Expense

110

Interest Expense

15

$7,801

$7,801

Prepare an income statement for the 2 months ended December 31, 2016. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)

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