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The adjusted trial balance of Parsons Company at December 31, 2017, includes the following accounts: Common Stock $16,200, Dividends $7,500, Service Revenue $38,600, Salaries and

The adjusted trial balance of Parsons Company at December 31, 2017, includes the following accounts: Common Stock $16,200, Dividends $7,500, Service Revenue $38,600, Salaries and Wages Expense $15,500, Insurance Expense $2,600, Rent Expense $3,700, Supplies Expense $1,500, and Depreciation Expense $1,900. Prepare an income statement for the year.

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PARSONS COMPANY Income Statement

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