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Prepare an income statement for San Elijo College for the year ended December 31st 2021 The adjusted trial balance for Palomar College at December 31,

Prepare an income statement for San Elijo College for the year ended December 31st 2021 image text in transcribed
The adjusted trial balance for Palomar College at December 31, 2021, is presented below: Credit Debit $ 62,000 45,000 Cash Supplies Accounts Payable Salaries Payable Common Stock Retained Earnings Service Revenue Salaries Expense Advertising Expense Rent Expense Totals $ 2,000 4,000 40,000 32,000 210,000 140,000 23,000 18,000 $288,000 $288,000 Prepare an income statement for Palomar College for the year ended December 31, 2021 Palomar College Income Statement For the year ended December 31, 2021 0 Total Expenses $ 0

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