The revenues and expenses of Sentinel Travel Service for the year ended August 31, 2014, are listed

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The revenues and expenses of Sentinel Travel Service for the year ended August 31, 2014, are listed below.

Fees earned ...........$750,000

Office expense ......... 295,000

Miscellaneous expense ...... 12,000

Wages expense ......... 450,000

Prepare an income statement for the current year ended August 31, 2014.

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Corporate Financial Accounting

ISBN: 978-1133952411

12th edition

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

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Question Posted: Feb 28, 2014 06:45 AM

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The revenues and expenses of Sentinel Travel Service for the year ended August 31, 2014, are listed

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SENTINEL TRAVEL SERVICE Income Statement For th...View the full answer

Corporate Financial Accounting

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