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Pronghorn Roofing Income Statement For the Year Ended March 31, 2022 Revenues Service Revenue 6,800 Expenses Salaries and Wages Expense S 1,500 Supplies Expense 1,800
Pronghorn Roofing Income Statement For the Year Ended March 31, 2022 Revenues Service Revenue 6,800 Expenses Salaries and Wages Expense S 1,500 Supplies Expense 1,800 Depreciation Expense 251 Miscellaneous Expense 480 Total Expenses 4.031 Net Income /(Loss) $ 2.769 Pronghorn Roofing Worksheet For the Month Ended March 31, 2022 Trial Balance Account Titles Dr. Cr. Cash 4.800 Accounts Receivable 3,100 Supplies 2,500 Equipment 11,044 Accumulated Depreciation-Equipment 1,255 Accounts Payable 2,200 Unearned Service Revenue 600 Common Stock 11,569 Retained Earnings 2,100 Dividends 1,100 Service Revenue 6,800 Retained Earnings 2,100 Dividends 1.100 Service Revenue 6,800 Salaries and Wages Expense 1,500 Miscellaneous Expense 480 24.524 24,524 Other data: 1. A physical count reveals only $700 of roofing supplies on hand. 2. Depreciation for March is $251. 3. Unearned service revenue amounted to $200 at March 31. 4 Accrued salaries are $800. Question 14 of 14
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