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which accounts go in the income statement? net income should total $75,921.06 1Name: Wonderama Playgrounds, Inc. Income Statement For the Month Ended January 31, 2020
which accounts go in the income statement? net income should total $75,921.06
1Name: Wonderama Playgrounds, Inc. Income Statement For the Month Ended January 31, 2020 6 Revenue: 10 12 13 14 15 Operating Expenses: 0.00 16 17 3 :5 6 Net Income Wonderama Playgrounds, Inc. Trial Balance January 31, 2020 Account Name Debit Credit Cash Accounts Receivable Allowance for Doubtful Accounts 234,403.56 188,122.95 3,318.00 Prepaid Insurance Office Supplies Inventory: Raw Materials 8,460.00 1,670.00 45,855.41 39,104.25 36,230.72 883.44 63,259.00 Inventory: Work in Process Inventory: Finished Goods Inventory: Factory Overhead Office Equipment Accumulated Depreciation-Office Equip Factory Equipment Accumulated Depreciation-Factory Equip Patents Accounts Payable Income Tax Payable Salaries Payable Common Stock PIC in Excess of Par- Common Stock Retained Earnings Sales Sales Discounts Cost of Goods Sold Advertising Expense Depreciation Expense-Office Equ Utility Expense Insurance Expense Office Supplies Expense 21,017.19 250,822.00 101,936.56 12,733.76 32,426.77 37,512.96 38,633.00 275,000.00 55,000.00 239,896.11 301,646.62 2,795.25 215,461.87 1,363.00 790.00 235.00 2,542.00 1,275.00 1,106,387.21 Rent Expense 1,106,387.21 Trial Balance Income Stmt RE Stmt Balance Sheet O Type here to search
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