these financial statement items are for Sheridan company at year end, July 31, 202

View Policies Current Attempt in Progress These financial statement items are for Sheridan Company at year-end, July 31, 2022. Salaries and wages payable $2,640 Salaries and wages expense 51,500 Utilities expense 23,300 Equipment 23,200 Accounts payable 4,700 Service revenue 60,900 Rent revenue Notes payable (due 2024) Common stock 15,000 Cash 20,600 Accounts receivable Accumulated depreciation-equipment Dividends Depreciation expense 3.700 Retained earnings (beginning of the year) 40,820 8,800 1,850 12,510 5,500 5,400 (21) Prepare an income statement for the year ended July 31, 2022. (Enter loss with either a-sign e.s. -15,000 or in parenti Practice Test WAS Assessment Player Tool Prepare an income statement for the year ended July 31, 2022. (Enter loss with either a signe...15,000 or in parenthesis ex. (15.000 SHERIDAN COMPANY Income Statement