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The revenues and expenses of A-One Travel Service for the year ended August 31, 20Y6, follow: Account Amount Fees earned $958,090 Office expense 220,360 Miscellaneous
The revenues and expenses of A-One Travel Service for the year ended August 31, 20Y6, follow:
Account | Amount |
---|---|
Fees earned | $958,090 |
Office expense | 220,360 |
Miscellaneous expense | 19,160 |
Wages expense | 459,885 |
Prepare an income statement for the year ended August 31, 20Y6.
Line Item Description | Amount | Amount |
---|---|---|
Accounts receivableCommon stockCashFees earnedLand | $- Select - | |
Expenses: | ||
Accounts payableCashDividendsSuppliesWages expense | $- Select - | |
Accounts payableAccounts receivableCommon stockLandOffice expense | - Select - | |
CashDividendsFees earnedLandMiscellaneous expense | - Select - | |
Total expenses | Total expenses | |
Fees earnedMiscellaneous expenseNet incomeNet lossOffice expense |
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