Income Statement Prepare an income statement for Jay Pembroke for the month of April 20xx using the account balances given below.
|
Cash |
$12,950 |
|
|
Accounts Receivable |
2,000 |
|
|
Office Supplies |
4,600 |
|
|
Prepaid Insurance |
|
1,200 |
|
Accounts Payable |
|
$300 |
|
Jay Pembroke, Capital |
18,000 |
|
|
Jay Pembroke, Drawing |
100 |
|
|
Service Fees |
3,300 |
|
|
Rent Expense |
750 |
|