Prepare Income Statement

JAMES COOPER CO. ADJUSTED TRIAL BALANCE DECEMBER 31, 2020 Debit Credit Cash $19,572 Accounts Receivable 7,020 Prepaid Rent 2,380 Equipment 18,150 Accumulated Depreciation-Equipment $4,995 Notes Payable 5,800 Accounts Payable 5,572 Common Stock 20,100 Retained Earnings 11,410 Dividends 3,100 Service Revenue 11,690 Salaries and Wages Expense 6,940 Rent Expense 2,250 Depreciation Expense 155 Interest Expense Interest Payable 93 $59,660 $59,660