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need assistance filling out chart in photo #2, based on the information in photo #1. Thanks in advance The income statement for Pierre Paul Company

need assistance filling out chart in photo #2, based on the information in photo #1. Thanks in advance image text in transcribed
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The income statement for Pierre Paul Company for the year PIERRE PAUL COMPANY Income Statement For the Year Ended December 31, 2020 Revenues Sales revenue $53,000 4,000 Interest revenue $57,000 Total revenues Expenses Cost of goods sold Salaries and wages expense Interest expense 30,000 18,000 1,500 Total expenses 49,500 $7,500 Net Income Date Account Titles and Explanation Debit Credit Dec. 31 (To close revenue.) Dec. 31 (To close expense.)

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