The adjusted trial balance figures for Todd’s Consulting Service follow (for October 31st, 2009).
Use these account balance figures to generate an income statement for the business for the end
of the month:
Cash - $7,000
A/R - $3,500
Rent Expense - $2,000
Wage Expense - $3,000
A/P - $1,000
Service Revenue $7,500
Interest Revenue - $50
TH, Capital - $7,000
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