The following information is taken from the records of Hill, Dunn, & Associates for the year ended

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The following information is taken from the records of Hill, Dunn, & Associates for the year ended December 31, 2000. Income taxes.... $ 10,800 Service revenues. 150,000 Rent expense. 5,500 Salaries expense 35,000 Miscellaneous expense 380 Utilities expense 1,230 Administrative expense. 12,300 Required: Prepare an income statement for Hill, Dunn, & Associates for the year ended December 31, 2000. (Assume that 4,000 shares of stock are outstanding.)

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Survey Of Accounting

ISBN: 9780538846172

1st Edition

Authors: James D. Stice, W. Steve Albrecht, Earl Kay Stice, K. Fred Skousen

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