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The December 31. 2018, adjusted trial balance for the Blueboy Cheese Corporation is presented below Cash Accounts receivable Prepaid rent Inventory Office equipment Accumulated depreciation-office

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The December 31. 2018, adjusted trial balance for the Blueboy Cheese Corporation is presented below Cash Accounts receivable Prepaid rent Inventory Office equipment Accumulated depreciation-office equipment Accounts payable Note payable (due in six months) Salaries payable Interest payable Common stock Retained earnings Sales revenue Cost of goods sold Salaries expense Rent expense Depreciation expense Interest expense Advertising expense 21,00 300,000 10,000 50,800 600,800 250,000 6e,000 60,000 8,000 2,000 400,000 100,000 800,000 480,000 120,000 30,000 60,000 4,000 5,000 Totals 1,680,000 1,680,000 Required: 1-a. Prepare an income statement for the year ended December 31, 2018 Prey 7of8HE Next >

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