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Question 5 of 6 0.38/1 Part 2 Your answer is partially correct Prepare an income statement for the month of July 2022 RAPID DELIVERY SERVICE

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Question 5 of 6 0.38/1 Part 2 Your answer is partially correct Prepare an income statement for the month of July 2022 RAPID DELIVERY SERVICE Income Statement Revenues Service Expenses Sales W. Expense Mind Real Insurance Total Expenses . Net Incore/closal : e Textbook and Media List of Accounts Attempts: 2 of 4 used Sul Awww 9 14 MacBook Pro The What % & work W NWP Assessment Player Ul Application Question 5 of 6 0.BE View Policies Show Attempt History Current Attempt in Progress The accounts in the ledger of Rapid Delivery Service contain the following balances on July 31, 2022. Accounts Receivable Accounts Payable Cash Equipment Maintenance and Repairs Expense Insurance Expense Notes Payable (due 2025) $13.400 8.400 ? 59,360 1.958 900 28.450 Prepaid Insurance Service Revenue Dividends Common Stock Salaries and Wages Expense Salaries and Wages Payable Retained Earnings (July 1, 2022) $2,200 15,500 700 40,000 7.428 820 5.200

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