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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
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: Depreciation Expense $12,100 Insurance Expense 5,930 Miscellaneous Expense 4,720 Rent Expense 48,900 Service Revenue 232,300 Supplies Expense 2,900 Utilities Expense 18,630 Wages Expense 182,700 Acorn Health Services Co. Income Statement For the Year Ended January 31, 2017 Expenses: $ Total expenses
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