Reference no: EM132630821

Question - These financial statement items are for Snyder Corporation at year-end, July 31, 2017.

Salaries and wages payable $2,580

Salaries and wages expense 50,700

Utilities expense 22,600

Equipment 21,000

Accounts payable 4,100

Service revenue 62,100

Rent revenue 8,500

Notes payable (due 2019) 1,800

Common stock 16,000

Cash 20,200

Accounts receivable 12,780

Accumulated depreciation-equipment 6,000

Dividends 5,000

Depreciation expense 4,000

Retained earnings (beginning of the year) 35,200

Required - Make income statement and balance statement?