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The adjusted trial balance of Novak Corp. at December 31, 2022, includes the following accounts: Retained Earnings $17,500, Dividends $6,100, Service Revenue $36,000, Salaries and
The adjusted trial balance of Novak Corp. at December 31, 2022, includes the following accounts: Retained Earnings $17,500, Dividends $6,100, Service Revenue $36,000, Salaries and Wages Expense $13,200, Insurance Expense $1,880, Rent Expense $3,890, Supplies Expense $1,570, and Depreciation Expense $890. Prepare an income statement for the year. NOVAK CORP. Income Statement For the Year Ended December 31, 2022 Revenues Service Revenue $ 36000 Expenses Salaries and Wages Expense $ Supplies Expensel Depreciation Expense Retained Earnings Dividends
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