For this assignment, you will create an income statement for Goldkind Legal Services, a sole proprietorship, owned by Barry Goldkind.
You will create your income statement using a Google Sheet.
The revenue and expense accounts of the firm for the year ended June 30, 2019, in no particular order, are as follows:
Rent Expense $23,000
Fees Earned $260,000
Investment Revenue $34,000
Wages Expense $67,000
Advertising Expense $12,000
Professional Fees Expense $8,000
Insurance Expense $22,000
Miscellaneous Expense $4,000
Please note that you must calculate the net income (profit or loss) of the firm on your own.
And of course, you must follow proper formatting rules for Chapter 5, Grade 11 income statements.