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Presented here are the accounts of Hometown Decor Company for the year ended December 31, 2018 EBClick the icon to view the accounts.) Requirements 1.Prepare
Presented here are the accounts of Hometown Decor Company for the year ended December 31, 2018 EBClick the icon to view the accounts.) Requirements 1.Prepare Hometown Decor Company's income statement. 2. Prepare the statement of retained earnings. 3. Prepare the balance sheet. Requirement 1. Prepare Hometown Decor Company's income statement. Data Table $13,000 Common Stock Land Notes Payable Property Tax Expense Dividends Rent Expense Salaries Expense Salaries Payable Service Revenue Office Supplies $ 28,000 14,000 800 17,000 170,400 2,800 17,000 1,700 6,800 33,000 Accounts Payable 2,800 Accounts Recelvable 6,000 Advertising Expense 14,000 Building 67,000 Cash 300 Equipment 225,000 nsurance Expense 8,000 Interest Expense Retained Eamings, Dec. 31 2017 56,000 Net Income PrintDone
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