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The completed financial statement columns of the spreadsheet for Novak Company are as follows. Novak Company Worksheet For the Year Ended December 31, 2022 Income

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The completed financial statement columns of the spreadsheet for Novak Company are as follows. Novak Company Worksheet For the Year Ended December 31, 2022 Income Statement Balance Sheet Account Dr. Account Titles Cr. No. Dr. Cr. 101 Cash 9,000 112 10.900 130 Accounts Receivable Prepaid Insurance Equipment 2,600 157 23,700 158 4,600 Accumulated Depreciation-Equip. Accounts Payable 201 8,800 212 2,200 311 19,200 Salaries and Wages Payable Common Stock Retained Earnings Dividends 320 8,500 332 19.500 400 60,300 622 1,800 Service Revenue Maintenance and Repairs Expense Depreciation Expense Insurance Expense 711 2,900 722 1,700 726 30,000 Salaries and Wages Expense Utilities Expense 732 1,500 Totals 37,900 60,300 65,700 43,300 Net Income 22,400 22,400 Totals 60,300 60,300 65,700 65,700 Prepare an income statement. (Enter negative amounts using either a negative sign preceding the number eg.-45 or parentheses eg. (45).) Novak Company Income Statement $ $ e Textbook and Media List of Accounts Save for Later Attempts: 0 of 5 used Submit

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