How do I set up an Income Statement?

Question

Using the following information:

Payments of Cash:

-Acquisitions of equipment....#36,000

-Dividends....2000

Utilities Expense....200

Adjustments to reconcile

net income to cash provided

by operations....2000

Salary Expense....4000

Cash balance.....8100

Cash receipts:

-Issuance (sale) of stock

to owners.....35,000

Rent expense....700

Common stock....35,000

Equipment.....36,000

Office Supplies....1200

Accounts payable.....3200

Service revenue.....14,000

Answer 1

Revenue

Service     14,000

Expenses

Utilities             200

Salaries           4000

Rent                 700

Office Supplies 1200

Total Exp          6100

PreTax Inc         7900