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The completed financial statement columns of the worksheet for Fleming Company are shown below: FLEMING COMPANY Worksheet For the Year Ended December 31, 2015 Income
The completed financial statement columns of the worksheet for Fleming Company are shown below: FLEMING COMPANY Worksheet For the Year Ended December 31, 2015 Income Balance Sheet Statement Account Cr. Account Titles Dr. Dr. Cr. No. 101 Cash 8,991 10,751 112 Accounts Receivable Prepaid Insurance 130 2,660 157 Equipment Accumulated Depreciation-Equip. Accounts Payable 23,818 167 4,578 201 9,019 Salaries and Wages Payable 212 2,334 311 Common Stock 19,220 Retained Earnings 320 7,357 332 Dividends 18,296 400 Service Revenue 60,143 622 Maintenance and Repairs Expense 1,592 711 Depreciation Expense 2,912 722 Insurance Expense 1,928 Salaries and Wages Expense 726 30,473 Utilities Expense 732 1,230 64,516 Totals 38,135 60,143 42,508 22,008 22,008 64,516 Net Income 60,143 60,143 64,516 *(a1) Prepare an income statement. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) FLEMING COMPANY Income Statement For the Year Ended December 31, 2015
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