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Prepare an income statement for the year ended March 31, 2021 Question 1 of 1 CRANE FISHING CENTRE Adjusted Trial Balance March 31, 2021 Debit
Prepare an income statement for the year ended March 31, 2021
Question 1 of 1 CRANE FISHING CENTRE Adjusted Trial Balance March 31, 2021 Debit Credit Cash $8,000 Interest receivable 850 1.400 Supplies Long-term investments 29,000 Land 46,000 175,000 $30,000 37,000 Building Accumulated depreciation--building Equipment Accumulated deprecation-equipment Accounts payable Interest payable 17.500 5.000 1.020 Unearned revenue 2.260 66.200 Notes payable ($6,000 must be paid in February, 2022) R. Falkner, capital R.Falkner, drawings Service revenue 156,320 46.000 123.400 Interest revenue 1600 9.900 Depreciation expense Interest expense 3.850 Insurance expense 4600 D CH S VA 4,600 30.500 Insurance expense Sataries expense Supplies expense Utilities expense 5,700 5,500 $403,300 $403,300 (a) Prepare an income statement for the year ended March 31, 2021. CRANE FISHING CENTRE Income Statement Year Ended March 31, 2021 Total Revenues >> S TA Question 1 of 1 - / 40 Textbook and Media Assistance Used Teabook Attempts of used Saved 17 minutes Saved work with the Auto on canto 10 minutes 20 3 ZA 11'C Mostly doudy Step by Step Solution
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