Exploration Services was organized on March 1, 2014. A summary of the revenue and expense transactions for
Question:
Exploration Services was organized on March 1, 2014. A summary of the revenue and expense transactions for March follows:
Fees earned .............. $1,100,000
Wages expense ..............715,000
Rent expense ............... 80,000
Supplies expense ............ 9,000
Miscellaneous expense .......... 12,000
Prepare an income statement for the month ended March 31.
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Related Book For
Corporate Financial Accounting
ISBN: 978-1133952411
12th edition
Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac
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