universal services was organized on october 1 2012 a summary of the revenue and expe 492261
Income Statement
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universal services was organized on october 1 2012 a summary of the revenue and expe 492261
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Universal Services was organized on October 1, 2012. A summary of the revenue and expense transactions for October follows:
|
Fees earned |
800,000 |
|
Wages expense |
270,000 |
|
Rent expense |
60,000 |
|
Supplies expense |
9,000 |
|
Miscellaneous expense |
12,000 |
Prepare an income statement for the month ended October 31.
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