Question

The following partial worksheet is for Tuttle Photography. Tuttle Photography Work Sheet For the Year Ended December 31, 2007 Adjusted -TriaBalance- Debit-Credit Accounts 15,000 30,000 7,500 3,200 40,000 160,000 12,000 Cash Accounts Receivable Prepaid insurance Office supplies Land Building Accumulated depreciation Building Accumulated depreciation Accounts payable Salaries payable Unearned service revenue Mortgage payable Marshall Tuttle, capital 75,000 8,500 12,000 2,000 25,000 100,000 21,290 Marshall Tuttle, withdrawals 23,000 Service revenue Salaries expense 289,000 Depreciation expense Supplies expense Insurance expense Utilities expense 61,000 6,150 14,040 14,000 20,900 4) Using the information provided in the partial worksheet above, prepare an income 4) statement for Tuttle Photography

 

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