Mancini Services was organized on February 1 2012 A summary
Mancini Services was organized on February 1, 2012. A summary of the revenue and expense transactions for February follows:
Fees earned .......... $ 925,000
Wages expense ......... 400,000
Miscellaneous expense ...... 25,000
Rent expense ........... 92,000
Supplies expense ......... 13,000

Prepare an income statement for the month ended February 29.

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