Question: He spent $ 1 , 4 6 5 on the utilities for the office and $ 6 , 4 5 0 on gas and repairs

He spent $1,465 on the utilities for the office and $6,450 on gas and repairs for the vehicles (use Operating Expenses account).
He used supplies that cost $16,465.
Customers paid him $237,570 for excursions that took place in January (use Service Revenue account) and $65,500 in deposits for trips scheduled in February.
He paid $35,791 for employee wages and he spent $10,000 to an influencer for advertising the company.
(a) Prepare a statement of income to determine how much Easy Peasy Ltd. earned in January.
 He spent $1,465 on the utilities for the office and $6,450

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