Using the Adjusted Trial Balance shown below, prepare (a) an Income Statement and (b) a...
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Accounting
Using the Adjusted Trial Balance shown below, prepare (a) an Income Statement and (b) a Statement of Retained Earnings for All Star Repairs. All Star Repairs Adjusted Trial Balance July 31. 20 Credit Debit $20.200 70.600 2.500 26,600 $9.600 18.000 Cash Accounts receivable Supplies Shop equipment Accumulated depreciation: shop equipment.. Accounts payable Noles payable Income tases payable Capital stock Retained earnings Dividends Fecamed Rent expense Wages expense Supplies expense Utilities Depreciation expense shoppent Income taxes 26.700 22.30 5.900 16,700 127.00 IM 135.0 BH OM SR500 a All Star Repairs Income Statement For the Month Ended July 31, 20
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