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Problem A: I am almost done not sure what the last two needed in the income statement Problem B: need help finishing balance sheet Problem
Problem A: I am almost done not sure what the last two needed in the income statement Problem B: need help finishing balance sheet Problem C: Determining balance sheet clasifications The Retained Earnings account balance is $155,000 at December 31, 2016. (1) Prepare the income statement for the year ended December 31, 2017 (2) Prepare the statement of retained earnings for the year ended December 31, 2017 Prepare the income statement for the year ended December 31, 2017. WILSON TRUCKING COMPANY Income Statement For Year Ended December 31, 2017 Revenues Trucking fees earned Expenses $ 130,000 Salaries expense Depreciation expense_Trucks Office supplies expense Repairs expense Trucks $ (61,000) (23,500) (8,000) (12,000) Total expenses (104,500) 25,500 $ Expenses Salaries expense Depreciation expense Trucks Office supplies expense Repairs expense Trucks $ (61,000) (23,500) (8,000) (12,000) Accounts payable Accounts receivable (10. a $ Accumulated depreciation-Trucks
Problem A: I am almost done not sure what the last two needed in the income statement
Problem B: need help finishing balance sheet
Problem C: Determining balance sheet clasifications
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