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Prepare an income statement for the year

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Question - The adjusted trial balance of Parsons Company at December 31, 2014, includes the following accounts: Owner's Capital $17,974, Owner's Drawings $7,086, Service Revenue $36,034, Salaries and Wages Expense $16,250, Insurance Expense $2,536, Rent Expense $3,516, Supplies Expense $1,759, and Depreciation Expense $1,916.

Prepare an income statement for the year.

Reference no: EM132079990

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