Income statement
The following account balances were taken from the adjusted trial balance for Laser Messenger Service, a delivery service firm, for the fiscal year ended April 30, 2016:
Depreciation Expense | $ 8,650 |
Fees Earned | 674,000 |
Insurance Expense | 1,500 |
Miscellaneous Expense | 3,650 |
Rent Expense | $ 60,000 |
Salaries Expense | 336,900 |
Supplies Expense | 4,100 |
Utilities Expense | 41,200 |
Prepare an income statement.
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