Essay
Use the data below from the adjusted trial balance for Miller's Express Cleaning to prepare an income statement, statement of retained earnings, and a statement of change in financial position for the year ended December 31, 2013.
2,026 Cash
7,530 Accounts Payable
4,000 Retained Earnings Jan 1
153 Utilities Expense
1,200 Advertising Expense
15,290 Equipment (Net) Includes 5,000 in Amortization
13,835 Service Revenue
2,000 Common Shares
1,750 Dividends
1,216 Prepaid Insurance
4,080 Accounts Receivable
1,650 Wages Expense
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