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The adjusted trial balance of Ravine Corporation at December 31, 2014, includes the following accounts: Retained Earnings $17,520; Dividends $4,406; Service Revenue $38,288; Salaries and
The adjusted trial balance of Ravine Corporation at December 31, 2014, includes the following accounts: Retained Earnings $17,520; Dividends $4,406; Service Revenue $38,288; Salaries and Wages Expense $13,139; Insurance Expense $1,763; Rent Expense $3,881; Supplies Expense $1,582; and Depreciation Expense $823. Prepare an income statement for the year.
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