The revenues and expenses of Paradise Travel Service for the year ended May 31, 20Y6, follow: Fees

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The revenues and expenses of Paradise Travel Service for the year ended May 31, 20Y6, follow:

Fees earned............................$900,000

Office expense........................300,000

Miscellaneous expense...........15,000

Wages expense.......................450,000

Prepare an income statement for the year ended May 31, 20Y6.

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Forensic And Investigative Accounting

ISBN: 9780808056300

10th Edition

Authors: G. Stevenson Smith D. Larry Crumbley, Edmund D. Fenton

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