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Prepare the income statement Presented here are the accounts of Pembroke Bookkeeping Company for the year ended December 31, 2018 E: (Click the icon to
Prepare the income statement
Presented here are the accounts of Pembroke Bookkeeping Company for the year ended December 31, 2018 E: (Click the icon to view the accounts.) Requirements 1. Prepare Pembroke Bookkeeping Company's income statement. 2. Prepare the statement of retained earnings. 3. Prepare the balance sheet. Requirement 1. Prepare Pembroke Bookkeeping Company's income statement Data Table Land $ 5,000 Common Stock $ 33,000 Notes Payable 38,000 Accounts Payable 17,000 Property Tax Expense 2,700 Accounts Receivable 1,000 Dividends 30,000 21,000 168,100 8,000 Rent Expense Salaries Expense Salaries Payable Advertising Expense Building Cash Equipment Insurance Expense 60,000 1,500 3,600 11,000 Service Revenue 192,000 1,900 12,000 Interest Expense 7,200 Office Supplies Retained Earnings, Dec. 31, 2017 50,000 Choose from any list or enter any number in the input fields and then continue to the next question. Print DoneStep by Step Solution
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