Income Statement The revenues and expenses of Zenith Travel Service for the year ended August 31,...

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Income Statement The revenues and expenses of Zenith Travel Service for the year ended August 31, 20Y4, follow: Fees earned Office expense Miscellaneous expense Wages expense $989,435 227,570 19,790 474,930 Prepare an income statement for the year ended August 31, 2014. Zenith Travel Service Income Statement For the Year Ended August 31, 20Y4 Fees earned 989,435 Expenses: Wages expense 474,930 Office expense 227,570 Miscellaneous expense 19,790 479,930 X Total expenses 509,505 X Net income Income Statement The revenues and expenses of Zenith Travel Service for the year ended August 31, 20Y4, follow: Fees earned Office expense Miscellaneous expense Wages expense $989,435 227,570 19,790 474,930 Prepare an income statement for the year ended August 31, 2014. Zenith Travel Service Income Statement For the Year Ended August 31, 20Y4 Fees earned 989,435 Expenses: Wages expense 474,930 Office expense 227,570 Miscellaneous expense 19,790 479,930 X Total expenses 509,505 X Net income

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