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The adjusted trial balance for Sunland Company is given below:

SUNLAND COMPANY Trial Balance August 31, 2022
		Before Adjustment				After Adjustment
		Dr.		Cr.		Dr.		Cr.
Cash		$10,820				$10,820
Accounts Receivable		9,380				10,050
Supplies		2,630				1,430
Prepaid Insurance		4,290				2,820
Equipment		15,000				15,000
Accumulated DepreciationEquipment				$3,375				$4,575
Accounts Payable				5,100				5,100
Salaries and Wages Payable				0				1,990
Unearned Rent Revenue				1,920				1,170
Common Stock				11,570				11,570
Retained Earnings				5,570				5,570
Dividends		2,520				2,520
Service Revenue				34,020				34,690
Rent Revenue				13,800				14,550
Salaries and Wages Expense		16,280				18,270
Supplies Expense		0				1,200
Rent Expense		14,435				14,435
Insurance Expense		0				1,470
Depreciation Expense		0				1,200
		$75,355		$75,355		$79,215		$79,215

(a)

Prepare the income statement for the year ended August 31.

SUNLAND COMPANY Income Statement choose the accounting period August 31, 2022For the Month Ended August 31, 2022For the Year Ended August 31, 2022
select an opening name for section one ExpensesRevenuesTotal ExpensesTotal RevenuesNet Income / (Loss)Retained Earnings, September 1, 2021Retained Earnings, August 31, 2022Dividends
enter an income statement item	$enter a dollar amount
enter an income statement item	enter a dollar amount
select a closing name for section one ExpensesRevenuesTotal ExpensesTotal RevenuesNet Income / (Loss)Retained Earnings, September 1, 2021Retained Earnings, August 31, 2022Dividends			$enter a total of the two previous amounts
select an opening name for section two ExpensesRevenuesTotal ExpensesTotal RevenuesNet Income / (Loss)Retained Earnings, September 1, 2021Retained Earnings, August 31, 2022Dividends
enter an income statement item	enter a dollar amount
enter an income statement item	enter a dollar amount
enter an income statement item	enter a dollar amount
enter an income statement item	enter a dollar amount
enter an income statement item	enter a dollar amount
select a closing name for section two ExpensesRevenuesTotal ExpensesTotal RevenuesNet Income / (Loss)Retained Earnings, September 1, 2021Retained Earnings, August 31, 2022Dividends			enter a total for section two
select a closing name for this statement ExpensesRevenuesTotal ExpensesTotal RevenuesNet Income / (Loss)Retained Earnings, September 1, 2021Retained Earnings, August 31, 2022Dividends			$enter a total net income or loss amount

List of accounts

• Accounts Payable
• Accounts Receivable
• Accumulated Depreciation-Buildings
• Accumulated Depreciation-Equipment
• Advertising Expense
• Amortization Expense
• Buildings
• Cash
• Common Stock
• Depreciation Expense
• Dividends
• Equipment
• Income Summary
• Income Tax Expense
• Income Taxes Payable
• Insurance Expense
• Interest Expense
• Interest Payable
• Interest Receivable
• Interest Revenue
• Land
• Maintenance and Repairs Expense
• Mortgage Payable
• No Entry
• Notes Payable
• Prepaid Advertising
• Prepaid Cleaning
• Prepaid Insurance
• Prepaid Rent
• Property Tax Expense
• Property Taxes Payable
• Rent Expense
• Rent Revenue
• Retained Earnings
• Salaries and Wages Expense
• Salaries and Wages Payable
• Sales Revenue
• Service Revenue
• Supplies
• Supplies Expense
• Ticket Revenue
• Unearned Rent Revenue
• Unearned Sales Revenue
• Unearned Service Revenue
• Unearned Ticket Revenue
• Utilities Expense
• Website

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