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Question 3( 7 Points 25 Minute) The adjusted trial balance of Rocky Acre Spread Inc. on December 31, 2019 includes the following accounts: Accumulated Depreciation,

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Question 3( 7 Points 25 Minute) The adjusted trial balance of Rocky Acre Spread Inc. on December 31, 2019 includes the following accounts: Accumulated Depreciation, $6,000 - Depreciation Expense, $2,000 - Note Payable $7,500 - Utilities Expense, $1,000 - Rent Expense, $2,500; Service Revenue, $30,000 - Salaries Expense, $4,000 - Supplies, $1000 - Supplies Expense, $1,500 - Salaries Payable, $600 - Interest revenue 5,000 - Interest expense 1,000 - Advertising expense 1,500 - Interest expense payable Required Prepare an income statement for December 31, 2019

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