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need help with blank one. This information relates to Wildhorse Co. for the year 2022. Retained earnings, January 1, 2022 $81,700 Advertising expense 2,200 Dividends
need help with blank one.
This information relates to Wildhorse Co. for the year 2022. Retained earnings, January 1, 2022 $81,700 Advertising expense 2,200 Dividends 7.320 Rent expense 12,700 Service revenue 70.760 Utilities expense 2,920 Salaries and wages expense 36,600 (a) Your answer is correct. Prepare an income statement for the year ending December 31, 2022. WILDHORSE CO. Income Statement For the Year Ended December 31, 2022 Prepare an income statement for the year ending December 31, 2022 WILDHORSE CO. Income Statement For the Year Ended December 31, 2022 Revenues $ 70,760 Service Revenue Expenses Advertising Expense 2,200 i Rent Expense 12.700 i Utilities Expense 2.920 Salaries and Wages Expense 36,600 Total Expenses 54,420 Net Income /(Loss) 16.340 e Textbook and Media List of Accounts (b) Prepare a retained earnings statement for the year ending December 31, 2022. (List items the WILDHORSE CO. Retained Earnings Statement $ ( Step by Step Solution
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