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Prepare an income statement for the medical practice of Donna Bruck, MD, from the items listed below for the month of October 2007. Retained earnings
Prepare an income statement for the medical practice of Donna Bruck, MD, from the items listed below for the month of October 2007. Retained earnings (October 1) $15,000 Common stock 30,000 Accounts payable 6,000 Equipment 32,000 Service revenue 26,000 Dividends 6,000 Dental supplies expense 3,500 Cash 13,000 Utilities expense 700 Dental supplies 2,800 Salaries expense 7,000 Accounts receivable 10,000 Rent expense 2,000 DONNA BRUCK, MD Income Statement For the Month Ended October 31, 2007
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