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Find and prepare an income statement for the year

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Reference no: EM132735114

The adjusted trial balance of Ivanhoe Company at December 31, 2017, includes the following accounts (in thousands):

Share Capital-Ordinary ?16,201, Dividends ?7,095, Service Revenue ?38,822, Salaries and Wages Expense ?15,271, Insurance Expense ?2,563, Rent Expense ?4,747, Supplies Expense ?1,623, and Depreciation Expense ?1,099.

Problem 1: Prepare an income statement for the year.

Reference no: EM132735114

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