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Select the accounts that would appear on the income statement and prepare the income statement. Short Term Notes Payable Cash Rent Expense Common Stock
Select the accounts that would appear on the income statement and prepare the income statement. Short Term Notes Payable Cash Rent Expense Common Stock Accounts Payable 24,000 30,000 17,000 64,000 20,000 Accounts Receivable 24,000 Equipment 125,000 Land 34,000 Long Term Notes Payable 80,000 Retained Earnings, Ending 41,000 Service Revenue 104,000 Inventory 15,000 Interest Expense 10,000 Wages Expense 55,000
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