Solution-Problem - Prepare an income statement

Problem - Prepare an income statement

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Reference no: EM132748508

Problem - Prepare an income statement

The following account balances were taken from the adjusted trial balance for Urgent Messenger Service, a delivery service firm, for the fiscal year ended November 30, 20Y1:

Depreciation Expense $ 12,200 Rent Expense $ 80,000

Fees Earned 990,000 Salaries Expense 502,400

Insurance Expense 5,750 Supplies Expense 7,150

Miscellaneous Expense 6,650 Utilities Expense 40,000

Reference no: EM132748508

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Problem - Prepare an income statement

Reference no: EM132748508

Reference no: EM132748508

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