Essay
The adjusted trial balance of Allen's Automotive Service Company on June 30, 2010 includes the following accounts: Repair Supplies, $300; Accumulated Depreciation, $8,500; Wages Payable, $550, Note Payable $5,000; Repair Revenue, $22,100; Salaries Expense, $5,750; Depreciation Expense, $2,250; Repair Supplies Expense, $1,000; Rent Expense, $400; Utilities Expense, $350; and Interest Expense $250. Prepare an income statement for the month of June.
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