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Prepare an income statement for the month ended

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Income statement

Exploration Services was organized on March 1, 2014. A summary of the revenue and expense transactions for March follows:

Fees earned

$1,100,000

Wages expense

715,000

Rent expense

80,000

Supplies expense

9,000

Miscellaneous expense

12,000

Prepare an income statement for the month ended March 31.

Reference no: EM13521448

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