the following account balances were taken from the adjusted trial balance for shangh 541706
Income statement
The following account balances were taken from the adjusted trial balance for Shanghai Messenger Service, a delivery service firm, for the current fiscal year ended September 30, 2014:
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the following account balances were taken from the adjusted trial balance for shangh 541706
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|
Depreciation Expense |
$ 7,250 |
Rent Expense |
$ 36,000 |
|
Fees Earned |
440,000 |
Salaries Expense |
265,150 |
|
Insurance Expense |
1,200 |
Supplies Expense |
2,200 |
|
Miscellaneous Expense |
7,100 |
Utilities Expense |
28,500 |
Prepare an income statement.
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