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On December 31, a company's monthly records show the following accounts. Cash Accounts receivable Supplies Land Services revenue Accounts payable Wages expense Rent expense Supplies expense $ 25,900 3,400 10,400 70,400 82,000 30,400 40,400 7,900 3,900 Use this information to prepare a December income statement. Income Statement For Month Ended December 31 Revenues Expenses Total expenses

On December 31, a company's monthly records show the following accounts. Cash Accounts receivable Supplies Land Services revenue Accounts payable Wages expense Rent expense Supplies expense $ 25,900 3,400 10,400 70,400 82,000 30,400 40,400 7,900 3,900 Use this information to prepare a December income statement. Income Statement For Month Ended December 31 Revenues Expenses Total expenses

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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On December 31, a company's monthly records show the following accounts. Cash Accounts receivable Supplies Land Services revenue Accounts payable Wages expense Rent expense Supplies expense $ 25,900 3,400 10,400 70,400 82,000 30,400 40,400 7,900 3,900 Use this information to prepare a December income statement. Income Statement For Month Ended December 31 Revenues Expenses Total expenses
Transcribed Image Text:On December 31, a company's monthly records show the following accounts. Cash Accounts receivable Supplies Land Services revenue Accounts payable Wages expense Rent expense Supplies expense $ 25,900 3,400 10,400 70,400 82,000 30,400 40,400 7,900 3,900 Use this information to prepare a December income statement. Income Statement For Month Ended December 31 Revenues Expenses Total expenses
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