Home / Questions / .Use the following accounts and information to prepare, in good form, an income statement,

.Use the following accounts and information to prepare, in good form, an income statement,

.Use the following accounts and information to prepare, in good form, an income statement, statement of retained earnings, and balance sheet for Cray Enterprises for the year ended December 31, 20x8.

Accounts Payable	$4,800	Land		$39,000
Accounts Receivable	600	Notes Payable		6,000
Buildings	52,000	Rent Expense		3,600
Cash	26,200	Retained Earnings,
Commissions Earned	19,000		December 31, 20x7		84,400
Common Stock	20,000	Salaries Expense		8,400
Dividends	3,000	Supplies		400
Insurance Expense	1,000

Dec 10 2019 View more View Less

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.Use the following accounts and information to prepare, in good form, an income statement,

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