The revenues and expenses of Ousel Travel Service for the year ended November 30, 2016, follow: Fees

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The revenues and expenses of Ousel Travel Service for the year ended November 30, 2016, follow:
Fees earned .............................. ....$1,475,000
Office expense...................................320,000
Miscellaneous expense...........................28,000
Wages expense...................................885,000
Prepare an income statement for the year ended August 31, 2016.
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Accounting

ISBN: 978-1285743615

26th edition

Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac

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