Home / Questions / Prepare an income statement for the Haman Accounting Services for the month ended December 31,.
The account balances from the December 31, 2019, trial balance for Haman Accounting Services are shown below.
| HAMAN ACCOUNTING | ||||
| Trial Balance | ||||
| December 31, 2019 | ||||
| ACCOUNT NAME | DEBIT | CREDIT | ||
| Cash | 7,500 | |||
| Accounts Receivable | 3,500 | |||
| Supplies | 2,500 | |||
| Prepaid Rent | 16,000 | |||
| Equipment | 15,000 | |||
| Accounts Payable | 9,600 | |||
| Erik Haman, Capital | 23,500 | |||
| Erik Haman, Drawing | 4,500 | |||
| Fees Income | 23,000 | |||
| Salaries Expense | 4,500 | |||
| Utilities Expense | 2,600 | |||
| Totals | 56,100 | 56,100 | ||
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