Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The adjusted trial balance of Vroski Company appears below. Vroski Company Adjusted Trial Balance December 31, 2025 Debit ($) Credit ($) Cash 4,900 Accounts Receivable
The adjusted trial balance of Vroski Company appears below. Vroski Company Adjusted Trial Balance December 31, 2025 Debit ($) Credit ($) Cash 4,900 Accounts Receivable 2,200 Supplies 1,800 Equipment 15,000 Accumulated Depreciation - Equipment 4,000 Accounts Payable 3,300 Unearned Revenue 6,000 Common Stock 10,000 Retained Earnings 4,400 Dividends 2,500 Services Revenue 4,200 Supplies Expense 600 Depreciation Expense 2,500 Rent Expense 2,400 Total 31,900 31,900 Using the information from the adjusted trial balance, prepare an income statement for the moth ending December 31, 2025. * When typing your responses, do NOT include a dollar sign. For example, if your answer is $10,000, you should be typing 10,000 or 10,000.00 without any dollar sign. * When listing expenses, you MUST list them in the order they appear in the adjusted trial balance. *For a negative amount, include a negative sign or parentheses. For example, if your answer is -$50, you should be typing -50 or (50). Vroski Company Income Statement For the Month Ended December 31, 2025 Revenues $ TA Expenses $ $ $ Total Expenses $ Net Income/(Loss)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started