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The following revenue and expense account balances were taken from the ledger of Wholistic Health Services Co. after the accounts had been adjusted on February
The following revenue and expense account balances were taken from the ledger of Wholistic Health Services Co. after the accounts had been adjusted on February 29, 2016, the end of the fiscal year:
Depreciation Expense | $7,500 |
Insurance Expense | 3,000 |
Miscellaneous Expense | 8,150 |
Rent Expense | 54,000 |
Service Revenue | 448,400 |
Supplies Expense | 2,750 |
Utilities Expense | 33,900 |
Wages Expense | 360,000 |
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