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Please answer problem #6, SHOWING ALL WORK ACCORDINGLY ON ALL PARTS. Thank you! Larkspur Inc., a provider of consulting services, was founded on October 1,
Please answer problem #6, SHOWING ALL WORK ACCORDINGLY ON ALL PARTS. Thank you!
Larkspur Inc., a provider of consulting services, was founded on October 1, 2022. At the end of the first month of operations, the company decided to prepare an income statement, retained earnings statement, and balance sheet using the following information. Accounts payable $3,900 Supplies $ 2,470 Interest expense 460 360 Equipment (net) 51,000 250 Supplies expense Depreciation expense Service revenue Salaries and wages payable 3,000 22,740 Salaries and wages expense Bonds payable 21.700 450 Unearned service revenue 4,110 Common stock 10,200 Accounts receivable 1,500 Interest payable 140 Cash 4,200 Using the information, answer the following questions. (a1) Prepare an income statement for the month of October 2022. LARKSPUR INC. Income Statement $ $ Step by Step Solution
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