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I need some help with this. I am lost creating this sheet, and I-(Answered)

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I need some help with this. I am lost creating this sheet, and I am on the clock.

Anest?has?asked?you?to?prepare?an?accrual?basis?income?statement?for?the?year.?The?
following?information?should?help?in?the?preparation?of?the?income?statement:
1.
The?equipment?has?a?useful?life?of?ten?years.
2.
Supplies?on?hand?at?the?end?of?the?period?have?a?cost?of?$3,000.
3.
The?shop?rent?is?$500?per?month,?but?the?lease?requires?two?months?in?advance.
4.
The?insurance?was?paid?at?the?beginning?of?the?year?and?represents?a?two?year?policy.
5.
Customers?owe?the?shop?$3,200?for?services?already?performed.
6.
The?workers?were?hired?this?year?and?are?owed?$550?at?the?end?of?the?year?for?work?in?Dec.

 

Paper#9257493 | Written in 27-Jul-2016

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