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Homework answers / question archive / Below are the account balances for Cowboy Law Firm at the end of December

Below are the account balances for Cowboy Law Firm at the end of December

Accounting

Below are the account balances for Cowboy Law Firm at the end of December.
  

  Accounts Balances
  Cash $ 3,700  
  Salaries expense   1,350  
  Accounts payable   1,700  
  Retained earnings   4,550  
  Utilities expense   1,000  
  Supplies   12,100  
  Service revenue   7,600  
  Common stock   4,300  
 

  

Required:

Use only the appropriate accounts to prepare an income statement.

Accounts Balances
  Cash $ 3,700  
  Salaries expense   1,350  
  Accounts payable   1,700  
  Retained earnings   4,550  
  Utilities expense   1,000  
  Supplies   12,100  
  Service revenue   7,600  
  Common stock   4,300  
 

  

 
 
COWBOY LAW FIRM
Income Statement
Service revenue    
     
Expenses:    
Salaries expense    
     
     
     
Total expenses    
     

Use only the appropriate accounts to prepare an income statement.
  

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