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The adjusted trial balance for Sunland Company is given below: SUNLAND COMPANY Trial Balance August 31, 2020 Cash Accounts Receivable Supplies Prepaid Insurance Equipment Accumulated
The adjusted trial balance for Sunland Company is given below: SUNLAND COMPANY Trial Balance August 31, 2020 Cash Accounts Receivable Supplies Prepaid Insurance Equipment Accumulated Depreciation-Equipment Accounts Payable Salaries and Wages Payable Unearned Rent Revenue Common Shares Retained Earnings Dividends Service Revenue Rent Revenue Salaries and Wages Expense Supplies Expense Rent Expense Insurance Expense Depreciation Expense Before Adjustment Dr. Cr. $12,426 10,032 2,850 4.560 18.240 $4,104 6,612 0 2,052 11,400 6,270 3.192 38,760 13,794 19,380 0 12,312 0 0 $82,992 $82,992 After Adjustment Dr. Cr. $12,426 10,716 570 2,850 18,240 $5,472 6,612 1.254 912 11,400 6,270 3,192 39.444 14,934 20,634 2,280 12,312 1,710 1.368 $86,298 $86,298 Prepare the income statement for the year ended August 31. SUNLAND COMPANY Income Statement
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