Moonlight Services was organized on February 1 20Y5 A summary
Moonlight Services was organized on February 1, 20Y5. 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 28.

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