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Income statement; net loss The following revenue and expense account balances were taken from the ledger of Acorn Health Services Co. after the accounts

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Income statement; net loss The following revenue and expense account balances were taken from the ledger of Acorn Health Services Co. after the accounts had been adjusted on January 31, 2017, the end of the fiscal year: $9,000 8,000 Depreciation Expense Insurance Expense Miscellaneous Expense 8,050 Rent Expense 60,000 Service Revenue 638,700 Supplies Expense 4,100 Utilities Expense 43,400 Wages Expense 546,200

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