The following revenue and expense account balances were taken from the ledger of Guardian Health Services Co.

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The following revenue and expense account balances were taken from the ledger of Guardian Health Services Co. after the accounts had been adjusted on February 28, 20Y0, the end of the fiscal year:

Depreciation Expense .............. $ 6,800

Service Revenue .................... $407,900

Insurance Expense ....................... 2,700 

Supplies Expense ......................... 2,500

Miscellaneous Expense ............... 7,400 

Utilities Expense ........................ 30,800

Rent Expense ............................. 49,100 

Wages Expense ....................... 327,500

Prepare an income statement.

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Accounting

ISBN: 9781337902687

28th Edition

Authors: Carl S. Warren, Christine Jonick, Jennifer Schneider

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