Tamarisk Music Worksheet For the Year Ended December 31, 2020) Income Statement Statement of Financial Position Account No. Account Titles Dr. Cr. Dr. Cr. 101 Cash 8,624 112 Accounts Receivable 10,584 130 Prepaid Insurance. 2,744 157 Equipment 23,520 158 Accumulated Depreciation-Equip. 4,116 201 Accounts Payable. 8,820 212 Salaries and Wages Payable 2,352 311 Share Capital-Ordinary 14,700 320 Retained Earnings 4,410 332 Dividends 10,780 400 Service Revenue 58.800 622) Maintenance and Repairs Expense 1,666 711 Depreciation Expense 2,744 722 Insurance Expense 1,764 726 Salaries and Wages Expense 29,400 732 Utilities Expense 1,372 Totals 36.946 58,800 56,252 34,398 21,854 21,854. Net Income 58.800 58,800 56,252 56,252