The following revenue and expense account balances were taken from the ledger of Acorn Health Services Co.

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The following revenue and expense account balances were taken from the ledger of Acorn Health Services Co. after the accounts had been adjusted on January 31, 2018, the end of the fiscal year:
Depreciation Expense .......... $10,000 .......... Service Revenue ................ $634,900
Insurance Expense ................. 9,000 .......... Supplies Expense .................... 4,100
Miscellaneous Expense ............ 8,150 .......... Utilities Expense .................. 44,700
Rent Expense ........................ 60,000 ........ Wages Expense .................. 548,200
Prepare an income statement?
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Financial And Managerial Accounting

ISBN: 9781337119207

14th Edition

Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac

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