Dairy Services was organized on August 1, 2019. A summary of the revenue and expense transactions for August follows:Fees earned $783,000Wages expense 550,000Rent expense 35,000Supplies expense 8,500Miscellaneous expense 11,400Prepare an income statement for the month ended August 31.

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter6: Merchandising Transactions
Section: Chapter Questions
Problem 13PB: Following is the adjusted trial balance data for Garage Parts Unlimited as of December 31, 2019. A....
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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
Prepare an income statement for the month ended August 31.

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