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Swifty Company ended its fiscal year on July 31, 2022. The company's adjusted trial balance as of the end of its fiscal year is shown
Swifty Company ended its fiscal year on July 31, 2022. The company's adjusted trial balance as of the end of its fiscal year is shown as follows. Swifty Company Adjusted Trial Balance July 31, 2022 Account Titles No. Credit 101 Cash Debit $10,700 9,400 112 Accounts Receivable 157 16,000 158 $7,200 4,050 201 208 2,200 Equipment Accumulated Depreciation-Equip. Accounts Payable Unearned Rent Revenue Common Stock Retained Earnings Dividends Service Revenue 311 20,170 29,380 320 332 16,500 400 64.000 429 Rent Revenue 7,000 711 9,500 726 Depreciation Expense Salaries and Wages Expense Utilities Expense 732 56,600 15,300 $134,000 $134.000 (a 1) Prepare an income statement for the year. (Enter negative amounts using either a negative sign preceding the number eg.-45 or parentheses eg. (45).) Swifty Company Income Statement $ $ $
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