Make an income statement for the year ended april

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Question - Financial Statements - The amounts of the assets and liabilities of Wilderness Travel Service at April 30, 20Y5, the end of the year, and its revenue and expenses for the year are listed below. The capital of Harper Borg, owner, was $51,470 at May 1, 20Y4, the beginning of the year, and the owner withdrew $24,200 during the year.

Accounts payable $17,490

Accounts receivable 93,600

Cash 188,960

Fees earned 677,200

Miscellaneous expense 5,400

Rent expense 90,070

Supplies 8,140

Supplies expense 14,410

Taxes expense 10,000

Utilities expense 54,040

Wages expense 257,340

Required - How do you make an income statement for the year ended April 30, 20Y5.

Reference no: EM132705881

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