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Question: The adjusted trial balance of Levin Corporation at December 31, 2017, includes the following accounts:

Retained Earnings $17,200,

Dividends $6,000,

Service Revenue $32,000,

Salaries and Wages Expense $14,000,

Insurance Expense $1,800,

Rent Expense $3,900,

Supplies Expense $1,500, and

Depreciation Expense $1,000.

Prepare an income statement for the year.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M92652245

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