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Therevenuesandexpensesof Zenith Travel Service for the year ended August 31, 20Y4, follow: Fees earned $765,615 Office expense 176,090 Miscellaneous expense 15,310 Wages expense 367,495 Explain
Therevenuesandexpensesof Zenith Travel Service for the year ended August 31, 20Y4, follow:
Fees earned | $765,615 |
Office expense | 176,090 |
Miscellaneous expense | 15,310 |
Wages expense | 367,495 |
Explain an income statement for the year ended August 31, 20Y4.
Zenith Travel Service Income Statement For the Year Ended August 31, 20Y4 | ||
Accounts receivable Cash Fees earned Land Owner, capital | $- Select - | |
Expenses: | ||
Accounts payable Cash Owner, drawing Supplies Wages expense | $- Select - | |
Accounts receivable Accounts payable Land Office expense Owner, capital | - Select - | |
Cash Fees earned Land Miscellaneous expense Owner, drawing | - Select - | |
Total expenses | fill in the blank | |
Net loss Net income | $- Select - |
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