This is the adjusted trial balance sheet how do you prepare

This is the adjusted trial balance sheet how do you prepare the income statement from the following information:

Adjusted Trial Balance

Debit

Credit

Cash

$          4,800

Accounts Receivable

$          1,600

Supplies

$                90

Prepaid Insurance

$              790

Equipment

$          3,600

Accumulated Depreciation

$                70

Accounts Payable

$              130

Wages Payable

$              480

Common Stock

$          7,500

Retained Earnings

Dividends

$              200

Service Revenue

$          9,400

Rent Expense

$              650

Wages Expense

$          4,560

Insurance Expense

$                50

Supplies Expense

$                90

Depreciation Expense

$                70

  Totals

$        17,580

$        17,580

Tahlya Lowery INC

Income Statement

For the month Ended December 31, 20XX

Revenues

     

Operaating expenses

Net Income

Adjusted Trial Balance
	Debit	Credit
Cash	$          4,800
Accounts Receivable	$          1,600
Supplies	$                90
Prepaid Insurance	$              790
Equipment	$          3,600
Accumulated Depreciation		$                70
Accounts Payable		$              130
Wages Payable		$              480
Common Stock		$          7,500
Retained Earnings
Dividends	$              200
Service Revenue		$          9,400
Rent Expense	$              650
Wages Expense	$          4,560
Insurance Expense	$                50
Supplies Expense	$                90
Depreciation Expense	$                70
Totals	$        17,580	$        17,580
Tahlya Lowery INC Income Statement For the month Ended December 31, 20XX Revenues       Operaating expenses Net Income

Solution

Tahlya Lowery INC Income Statement For the month Ended December 31, 20XX Revenue service revenue 9400 operating expense Rent expense 650 wage expense 4560 Insurance expense 50 supplies expense 90 Depreciation expense 70 Total operating expense (5420) Net Income 3980