Question: Universal Services was organized on october 1, 2012. A summary of the revenue and expense transactions for October follows, fees earned $800,000 wages expense $270,000

Universal Services was organized on october 1, 2012. A summary of the revenue and expense transactions for October follows, fees earned $800,000 wages expense $270,000 rent expense $60,000 supplies expense $9,000 miscellaneous expense $12,000 prepare an income statement for the month ended october 31

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