Friday 9 November 2012

The following is selected financial information for Sun Energy Company for the year ended December 31, 2011: revenues, $82,000; expenses, $63,796; net income, $18,204. Required: Prepare the 2011 calendar-year income statement for Sun Energy Company. (Input all amounts as positive values. Omit the "$" sign in your response.)

The following is selected financial information for Sun Energy Company for the year ended December 31, 2011: revenues, $82,000; expenses, $63,796; net income, $18,204.

Required:
Prepare the 2011 calendar-year income statement for Sun Energy Company. (Input all amounts as positive values. Omit the "$" sign in your response.)

Sun Energy Company
Income Statement
For Year Ended December 31, 2011
  Revenues correct $ 82,000 correct  
  Expenses correct 63,796 correct  
  
  Net income correct $ 18,204 correct  
  

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