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P1-6B. Income Statement and Balance Sheet The records of R. Levy, Interior Decorator, show the fol- lowing information for the year-end December 31, 2019: Notes
P1-6B. Income Statement and Balance Sheet The records of R. Levy, Interior Decorator, show the fol- lowing information for the year-end December 31, 2019: Notes payable..... Decorating fees earned Supplies expense. Insurance expense. Miscellaneous expense Common stock ... Retained earnings $ 4,000 Supplies 67,600 Cash.... 9,700 Accounts receivable 1,500 Advertising expense. 200 Salaries expense 11,600 Rent expense. ? Accounts payable. $ 6,100 17,700 10,600 1,700 30,000 7,500 1,800 REQUIRED Prepare an income statement for the year. b. Prepare a balance sheet as of December 31, 2019. a
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