Question
The following revenue and expense account balances were taken from the Income Statement columns of the work sheet for Roo Services Co. for December 31:
- The following revenue and expense account balances were taken from the Income Statement columns of the work sheet for Roo Services Co. for December 31:
| Depreciation Expense | $ 4,950 | |
| Insurance Expense | 2,900 | |
| Miscellaneous Expense | 1,200 | |
| Rent Expense | 24,000 | |
| Service Revenue | 92,500 | |
| Supplies Expense | 3,150 | |
| Utilities Expense | 5,000 | |
| Wages Expense | 63,750 | |
| In proper form, prepare an income statement. |
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Fundamentals Of Advanced Accounting
Authors: Joe Hoyle
4th Edition
78136636, 978-0078136634
