33) Data from the adjusted trial balance of Isaiah's Lawn Service is provided below. Required: Prepare the pre-tax operating income for Isaiah's Lawn Service for the month of March ,2013. Account Title Debit Credit Cash $2,000 Accounts Receivable 1,000 Prepaid Insurance 800 Prepaid Supplies 1,400 Mowing Equipment 6,500 Accum. Depr. - Mowing Equipment $1,000 Accounts Payable 1,000 Notes Payable 500 Wages Payable 800 Common Shares 1,500 Retained Earnings 4,270 Mowing Fees 10,050 Gasoline Expense 2,000 Advertising Expense 170 Insurance Expense 900 Supplies Expense 300 Depreciation Expense - Lawn Mowing Equipment 650 Wages Expense 950 Miscellaneous Expense 150 TOTALS $17,120 $17,120 34) Data from the adjusted trial balance of The Fireworks Company is provided below. Required: Prepare the income statement for The Fireworks Company for the month of December 2013. The tax rate is 30%. Account Title Debit Credit Cash $3,600 Accounts Receivable 1,309 Prepaid Insurance 775 Prepaid Supplies 1,423 Firework Equipment 6,502 Accum. Depr. Equipment $1,500 Accounts Payable 1,000 Notes Payable 500 Wages Payable 800 Common Shares 1,500 Retained Earnings 4,270 Firework Fees 9,250 Firework Fuel Expense 2,024 Advertising Expense 174 Insurance Expense 900 Supplies Expense 329 Depreciation Expense - Equipment 650 Wages Expense 992 Miscellaneous Expense 143 TOTALS $18,820 $18,820

33) Data from the adjusted trial balance of Isaiah's Lawn Service is provided below. Required: Prepare the pre-tax operating income for Isaiah's Lawn Service for the month of March ,2013. ...

33) Data from the adjusted trial balance of Isaiah's Lawn Service is provided below.

Required: Prepare the pre-tax operating income for Isaiah's Lawn Service for the month of March ,2013.

Account Title	Debit	Credit
Cash	$2,000
Accounts Receivable	1,000
Prepaid Insurance	800
Prepaid Supplies	1,400
Mowing Equipment	6,500
Accum. Depr. - Mowing Equipment		$1,000
Accounts Payable		1,000
Notes Payable		500
Wages Payable		800
Common Shares		1,500
Retained Earnings		4,270
Mowing Fees		10,050
Gasoline Expense	2,000
Advertising Expense	170
Insurance Expense	900
Supplies Expense	300
Depreciation Expense - Lawn Mowing Equipment	650
Wages Expense	950
Miscellaneous Expense	150
TOTALS	$17,120	$17,120

34) Data from the adjusted trial balance of The Fireworks Company is provided below.

Required: Prepare the income statement for The Fireworks Company for the month of December 2013. The tax rate is 30%.

Account Title	Debit	Credit
Cash	$3,600
Accounts Receivable	1,309
Prepaid Insurance	775
Prepaid Supplies	1,423
Firework Equipment	6,502
Accum. Depr. Equipment		$1,500
Accounts Payable		1,000
Notes Payable		500
Wages Payable		800
Common Shares		1,500
Retained Earnings		4,270
Firework Fees		9,250
Firework Fuel Expense	2,024
Advertising Expense	174
Insurance Expense	900
Supplies Expense	329
Depreciation Expense - Equipment	650
Wages Expense	992
Miscellaneous Expense	143
TOTALS	$18,820	$18,820

May 15, 2022