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The following revenue and expense account balances were taken from the ledger of Acorn Health Services Co. after the accounts had been adjusted on January

The following revenue and expense account balances were taken from the ledger of Acorn Health Services Co. after the accounts had been adjusted on January 31, 2018, the end of the fiscal year:

Depreciation expense $7,600
Insurance expense 3,000
Miscellaneous expense 8,850
Rent expense 62,000
Service revenue 446,000
Supplies expense 2,250
Utilities expense 33,900
Wages expense 350,000
Labels
Expenses
January 31, 2018
For the Year Ended January 31, 2018
Amount Descriptions
Net income
Net loss
Total expenses

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Acorn Health Services Co. Income Statement (Label) 1 2 (Label) 3 4 5 6 7 8 9 10 11

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