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3. The following account balances were taken from the adjusted trial balance for Urgent Messenger Service, a delivery service firm, for the fiscal year
3. 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, 2020: Account Name Depreciation Expense Fees Earned Insurance Expense Miscellaneous Expense Balance Account Name $11,650 Rent Expense 777,500 Salaries Expense 8,000 Supplies Expense 7,840 Utilities Expense Prepare an income statement. Balance $108,000 383,100 8,150 47,200
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