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Business, 18.09.2019 04:20 christyr2002

Income statement and balance sheet
the records of r. levy, interior decorator, show the following information for the year-end december 31, 2016:
notes payable $16,000 supplies $24,400
decorating fees earned 270,400 cash 16,800
insurance expense 6,000 accounts receivable 42,400
supplies expense 38,800 advertising expense 6,800
miscellaneous expense 800 salaries expense 120,000
common stock 46,400 rent expense 30,000
retained earnings ? accounts payable 7,200
required
prepare an income statement for the year.

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Income statement and balance sheet
the records of r. levy, interior decorator, show the follow...

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