Income Statement Instructions Labels and Amount Descriptions Income Statement Instructions 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, 2011: Depreciation expense $8,800 Fees earned 672,000 Insurance expense 1,400 Miscellaneous expense 3,650 Rent expense 52,000 Salaries expense 339,000 Supplies expense 3,500 Utilities expense 42,600