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Required information [ The following information applies to the questions displayed below. ] The general ledger of Jackrabbit Rentals at January 1 , 2 0

Required information
[The following information applies to the questions displayed below.]
The general ledger of Jackrabbit Rentals at January 1,2024, includes the following account
balances:
The following is a summary of the transactions for the year:
The following information is available for the adjusting entries.
Accrued interest on the notes payable at year-end amounted to $2,600 and will be paid
January 1,2025. Accrued salaries at year-end amounted to $1,600 and will be paid on January
5,2025. Supplies remaining on hand at the end of the year equal $2,400.
8-a. Prepare the income statement for the year ended December 31,2024.
8-b. Prepare the classified balance sheet for the year ended December 31,2024.
Complete this question by entering your answers in the tabs below.
Prepare the income statement for the year ended December 31,2024.
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