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The following account balances were taken from the 2018 adjusted trial balance of the Bowler Corporation: sales revenue, $385,000; cost of goods sold, $198,000; salaries
The following account balances were taken from the 2018 adjusted trial balance of the Bowler Corporation: sales revenue, $385,000; cost of goods sold, $198,000; salaries expense, $51,000; rent expense, $26,000; depreciation expense, $36,000; and miscellaneous expense, $18,000. Prepare an income statement for 2018 BOWLER CORPORATION Income Statement For the Year Ended December 31, 2018
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