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Use the following Company R adjusted trial balance to prepare the following: Adjusted Trial Balance Debit Credit Cash $44,000 Accounts Receivable 13,800 Prepaid Insurance

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Use the following Company R adjusted trial balance to prepare the following: Adjusted Trial Balance Debit Credit Cash $44,000 Accounts Receivable 13,800 Prepaid Insurance 6,200 Land 16,000 Accounts Payable $14,900 Salaries Payable 4,500 Common Stock 30,000 Retained Earnings 10,200 Dividends 13,000 Service Revenue 87,800 Insurance Expense 7,600 Salaries Expense 32,000 Miscellaneous Expense 14,800 $147,400 $147,400 A. Prepare an income statement. Company R Income Statement For the Year Ended December 31, 2019

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