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Green Duck earned fees of $64,300 for its fiscal year. Its expenses for the year are as follows: Rent Expense, $15,000; Interest Expense, $2,480;
Green Duck earned fees of $64,300 for its fiscal year. Its expenses for the year are as follows: Rent Expense, $15,000; Interest Expense, $2,480; Salaries Expense, $22,560; Utilities Expense, $3,900; and Insurance Expense, $12,750. Prepare the company's income statement if the fiscal year ends on June 30.
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Accounting Principles
Authors: Paul D Kimmel, Donald E Kieso Jerry J Weygandt
IFRS global edition
1-119-41959-4, 470534796, 9780470534793, 9781119419594 , 978-1119419617
