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. The adjusted trial balance for REH Company at December 31, 2018, is presented below Debit Credit Cash Accounts receivable Prepaid rent 10,500 150,000 5,000

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. The adjusted trial balance for REH Company at December 31, 2018, is presented below Debit Credit Cash Accounts receivable Prepaid rent 10,500 150,000 5,000 25,000 300,000 Inventory Equipment Accumulated depreciation- equipment Accounts payable Notes payable - due in three months Salaries payable Interest payable Common stock Retained earnings Sales revenue Costs of goods sold Salaries expense Rent expense Depreciation expense Interest expense Advertising expense Totals 125,000 30,000 30,000 4,000 1,000 200,000 50,000 400,000 180,000 120,000 15,000 30,000 2,000 500 840,000 840,000 Required Prepare an income statement for REH Company for the year ended December 31, 2018

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