SOMEONE PLEASE HELP ME WITH THIS!! I need to prepare an income statement with this information and write it in Apa style and good form. It must be 1 to 2 pages long. I need it as soon as possible. Thank you.


























Prepare an income statement using good form and this information:
Revenue for May 2005 $150,000.00

Expenditures for May 2005
Advertising $1,500.00
Depreciation $1,200.00
Furniture $1,500.00 Property Tax $10,000.00 Utilities $1,200.00 Wages $78,000.00 Remember the formula for an income statement is Income – Expenses = Net Income. There may be some unused information included in the list.

Be sure to use APA style writing.



Analyze the effect of business transactions on the basic accounting equation.
Prepare an Income Statement, Owner's Equity Statement and Balance Sheet.
Explain the steps in the accounting cycle.







































Remember the formula for an income statement is Income – Expenses = Net Income.