December 2008
Question
Making an Income statement?
The following information relates to Linda Stanley Co. for the year 2008. Retained earnings, January 1, 2008 $ 48,000 Advertising expense $ 1,800 Dividends during 2008 6,000 Rent expense 10,400 Service revenue 62,500 Utilities expense 3,100 Salaries expense 30,000 prepare an income statement and a retained earnings statement for the year ending December 31, 2008
6 months ago - 1 answers
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Here's a link where you can download spreadsheets that will work stuff like this out for you. I didn't have the time to plug the figures in but download the right spreadsheet and you can create your own income statement (or any other financial statement).
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6 months ago
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