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The assets and abilities of Kelley Services Inc. as of December 31, 2017, and revenues and expenses for the year ended on that date are

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The assets and abilities of Kelley Services Inc. as of December 31, 2017, and revenues and expenses for the year ended on that date are listed here. (Click the icon to view the account totals.) Requirements Requirement 1. Prepare the income statement of Kelley Services Inc. for the year ended December 31, 2017 Prepare the income statement Data Table Land 8,800 Equipment 16,000 Note payable 36,000 Interest expense 7,500 Property tax expense 2.300 Interest payable 1,600 Rent expense 15.500 Accounts payable 16.500 Accounts receivable 29,000 Salary expense 43,500 Service revenue 152.000 Building 127.000 Supplies 2.500 Cash 11.500 Utilities expense 3,300 Common shares 19.000 Beginning retained earnings were $77,800, and dividends totalled $30,000 for the year Choose from any drop-down list and then click Check Answer Print Done 10 parts remaining Clear All Check Ana

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