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Income Statement The following account balances were taken from the adjusted trial balance for Urgent Messenger Service, a delivery service firm, for the fiscal
Income Statement 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, 20Y1: Depreciation Expense $11,500 Fees Earned 610,700 Insurance Expense 2,190 Miscellaneous Expense 4,600 Rent Expense 87,400 Salaries Expense 307,100 Supplies Expense 3,910 Utilities Expense 33,400 Prepare an income statement for Urgent Messenger Service. Urgent Messenger Service Income Statement For the Year Ended November 30, 20Y1 Net income Expenses: Total expenses
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