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Prepare an income statement based on the trial balance below. Susanne Paralegal Trial Balance 100 General Bank Account 6,700 158 Office Furniture & Equipment 1000

Prepare an income statement based on the trial balance below.

Susanne Paralegal

Trial Balance

100

General Bank Account

6,700

158

Office Furniture & Equipment

1000

205

Personal Loan

250

210

Credit Card Debt

750

300

P. Paralegal, Capital

4,000

350

P. Paralegal, Drawings

1,500

400

Fees earned

5,750

528

Insurance Expense

250

538

Rent Expense

1000

565

Telephone Expense

300

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