Question: < JLM Services was organized on August 1, 2015. A summary of the revenue and expense transactions for August are as follows: Fees earned
< JLM Services was organized on August 1, 2015. A summary of the revenue and expense transactions for August are as follows: Fees earned $621,600 Wages expense 317,000 Miscellaneous expense 20,500 Rent expense 61,500 Supplies expense 19,300 Prepare an income statement for the month ended August 31. JLM Services Income Statement For the Month Ended August 31, 2015 Fees earned Operating Expenses: Wages expense Rent expense Supplies expense Miscellaneous expense Total operating expenses Net income 0000 DO
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