The adjusted trial balances of Verne Corporation at August 31, 2021, and August 31, 2020, include these

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The adjusted trial balances of Verne Corporation at August 31, 2021, and August 31, 2020, include these amounts (in millions): 

Verne completed these transactions (in millions) during the year ended August 31, 2021. 

Calculate the amount of sales revenue, insurance expense, and other operating expenses to report on the income statement for the year ended August 31, 2021. Assume all sales are on account.

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Financial Accounting

ISBN: 9780136899037

13th Edition

Authors: C. William Thomas, Wendy M Tietz

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