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Use only the appropriate accounts to make income statement

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Reference no: EM132734944

Below are the account balances for a company at the end of December.

Accounts Balances

Cash $ 4,100

Salaries expense 1,550

Accounts payable 2,100

Retained earnings 4,550

Utilities expense 1,200

Supplies 12,500

Service revenue 8,000

Common stock 4,700

Required:

Problem 1: Use only the appropriate accounts to make an income statement.

Reference no: EM132734944

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