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Prepare an income statement The adjusted trial balance columns of the worksheet for Ayayai Company are as follows. Ayayai Company Worksheet (Partial) For the Month

Prepare an income statement

The adjusted trial balance columns of the worksheet for Ayayai Company are as follows.

Ayayai Company Worksheet (Partial) For the Month Ended April 30, 2019

Adjusted Trial Balance

Account Titles

Dr.

Cr.

Cash 11,500
Accounts Receivable 7,620
Prepaid Rent 2,180
Equipment 22,950
Accumulated DepreciationEquip. 5,000
Notes Payable 5,800
Accounts Payable 4,500
Common Stock 20,500
Retained Earnings 8,550
Dividends 3,500
Service Revenue 15,500
Salaries and Wages Expense 10,800
Rent Expense 700
Depreciation Expense 600
Interest Expense 60
Interest Payable 60
Totals 59,910 59,910

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