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Please help me prepare net income statement from the following information Supplies Wan Li Corporation Adjusted Trial Balance At December 31 Account Debit Credit Cash
Please help me prepare net income statement from the following information
Supplies Wan Li Corporation Adjusted Trial Balance At December 31 Account Debit Credit Cash 5.200,100 Accounts Receivable 4.226.000 1,502,000 Prepaid Insurance 7,600 Equipment 11,500,000 Accumulated Depreciation, Equipment 575.000 Accounts Payable 1,310,000 Uneared Service Revenue 94,000 Wages Payable 230,000 Interest Payable 152,000 Notes Payable 7.720,000 Common Stock 9,500,000 Dividends 55,000 Service Revenue 4.827,000 Wage Expense 728.000 Utilities Expense 92,400 Selling Expense 44000 Administrative Expense Repairs Expense 31,500 Insurance Expense 38.000 Depreciation Expense-Equipment 575,000 Interest Expense 208,000 Total 24.408.000 24,408,000Step by Step Solution
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