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 28, 2019, the end of the fiscal year:

Depreciation Expense$7,600

Insurance Expense3,000

Miscellaneous Expense8,850

Rent Expense62,000

Service Revenue447,400

Supplies Expense2,500

Utilities Expense33,900

Wages Expense350,000

CHART OF ACCOUNTS

Wholistic Health Services Co.

General Ledger

	ASSETS
11	Cash
12	Accounts Receivable
13	Supplies
14	Prepaid Insurance
15	Office Equipment
16	Building
17	Accumulated Depreciation

	LIABILITIES
21	Accounts Payable
22	Wages Payable
23	Unearned Revenue

	EQUITY
31	Stacy Tanner, Capital
32	Stacy Tanner, Drawing
33	Income Summary

	REVENUE
41	Service Revenue

	EXPENSES
51	Wages Expense
52	Rent Expense
53	Supplies Expense
54	Depreciation Expense
55	Utilities Expense
56	Insurance Expense
57	Miscellaneous Expense

Labels
Expenses
February 28, 2019
For the Year Ended February 28, 2019
Amount Descriptions
Net income
Net loss
Total expenses