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Homework answers / question archive / On December 31, James Co

On December 31, James Co

Accounting

On December 31, James Co. had the following list of accounts. Prepare an  income statement for the year.

Additional Resources

Accounts Payable$

27,200

Legal Expense$

8,800

Accounts Receivable33,100

Maintenance Expense7,300

Beginning Capital65,100

Prepaid Rent24,500

Cash63,700

Rent Expense8,400

Consulting Revenue57,900

Supplies16,600

Deferred Revenue13,800

Supplies Expense9,900

Drawing22,000

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