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Prepare an income statement for the month ended August

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Reference no: EM132793222

Problem - Dairy Services was organized on August 1, 2019. A summary of the revenue and expense transactions for August follows:

Fees earned $783,000

Wages expense 550,000

Rent expense 35,000

Supplies expense 8,500

Miscellaneous expense 11,400

Required - Prepare an income statement for the month ended August 31.

Reference no: EM132793222

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