Income statement
The revenues and expenses of Sentinel Travel Service for the year ended August 31, 2016, follow:
Fees earned | $750,000 |
Office expense | 295,000 |
Miscellaneous expense | 12,000 |
Wages expense | 450,000 |
Prepare an income statement for the year ended August 31, 2016.
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Foundations of Business (MindTap Course List)
Brief Principles of Macroeconomics (MindTap Course List)
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Cornerstones of Financial Accounting
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Economics: Private and Public Choice (MindTap Course List)
Principles of Microeconomics
Microeconomics: Private and Public Choice (MindTap Course List)
MACROECONOMICS FOR TODAY
Understanding Management (MindTap Course List)
Micro Economics For Today
Macroeconomics: Private and Public Choice (MindTap Course List)