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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 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

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