The income statement would report the amount of cash at the

The income statement would report the amount of:

cash at the end of the year.

supplies used up during the current year.

dividends distributed to owners during the current year.

unpaid employee wages at the end of the year.

Solution

The Income Statement would report the amount of:

1) Supplies used up during the current year

2) Unpaid Employee wages at the end of year as wages expenses during the year