Revenue and expense transactions

Reference no: EM13986509

Exploration Services was organized on March 1, 2014. A summary of the revenue and expense transactions for March follows:

Fees earned	$1,100,000
Wages expense	715,000
Rent expense	80,000
Supplies expense	9,000
Miscellaneous expense	12,000

Prepare an income statement for the month ended March 31

Reference no: EM13986509

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