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The December 31, 2018, adjusted trial balance for Fightin' Blue Hens Corporation is presented below. The December 31, 2018, adjusted trial balance for Fightin' Blue
The December 31, 2018, adjusted trial balance for Fightin' Blue Hens Corporation is presented below.
The December 31, 2018, adjusted trial balance for Fightin' Blue Hens Corporation is presented below. Credit Debit $ 10,000 130,000 4,000 20,000 200,000 Accounts Cash Accounts Recevable Prepaid Rent Supplies Equipment Accumulated Depreciation Accounts Payable Salarles Payable Interest Payable Notes Payable (due In two years) Common Stock Retained Earnings Service Revenue Salaries Expense Rent Expense Depreciation Expense Interest Expense $ 115,000 10,000 9,000 3,000 20,000 100,000 40,000 300,000 200,000 10,000 20,000 3,000 Totals $ 597,000 $597,000 Required: 1. Prepare an income statement for the year ended December 31, 2018 FIGHTIN' BLUE HENS CORPORATION Income Statement For the Year Ended December 31, 2018 Expenses Total expensesStep by Step Solution
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