Question 5 Use the following accounts and information to prepare, in good form, an incor earnings statement, for the month of August and a balance sheet at August 3 Industries Accounts payable $ 1,100 Dividends $3,000 Accounts receivable 5,400 Insurance expense 1.200 Buildings 63,000 Supplies 1,400 Cash 18,600 Notes payable 3,300 Service revenue 25,700 Rent expense 3,400 Common stock 52,000 Salaries and wages expense 12,000 Retained earnings (beginning) 25,900 PIERCE INDUSTRIES Income Statement Tort th Question 5 Use the following accounts and information to prepare, in good form, an incor earnings statement, for the month of August and a balance sheet at August 3 Industries Accounts payable $ 1,100 Dividends $3,000 Accounts receivable 5,400 Insurance expense 1.200 Buildings 63,000 Supplies 1,400 Cash 18,600 Notes payable 3,300 Service revenue 25,700 Rent expense 3,400 Common stock 52,000 Salaries and wages expense 12,000 Retained earnings (beginning) 25,900 PIERCE INDUSTRIES Income Statement Tort th