The revenues and expenses of Sentinel Travel Service for the year ended August 31, 2019, follow: Fees
Question:
Fees earned ......................... $750,000
Office expense .................... 295,000
Miscellaneous expense ............ 12,000
Wages expense ...................... 450,000
Prepare an income statement for the year ended August 31, 2019.
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Related Book For
Accounting
ISBN: 978-1337899451
27th edition
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
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