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Need to know net income balance sheet and income statement The following items are taken from the financial statements of Sheridan Company for 2022: Accounts

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Need to know net income

balance sheet

and income statement

The following items are taken from the financial statements of Sheridan Company for 2022: Accounts payable $11,200 Accounts receivable 12,000 Accumulated depreciation-equipment 36,100 Advertising expense 20,300 Cash 14,400 Common stock 82,000 Depreciation expense 11,000 Dividends 14,600 Equipment 225,000 Insurance expense 3,600 Notes payable 88,500 Prepaid insurance 6,900 Rent expense 15,700 Retained earnings (beginning) 13,200 Salaries and wages expense 33,100 Salaries and wages payable 3,400 Service revenue 132.000 Supplies 3,600 Supplies expense 6,200

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