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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 Supplies expense Rent expense $ 27,400 4,900 11,900 71,900 89,500 31,900 41,900 9,400 5,400 Use this information to prepare a December income statement. Revenues Expenses Income Statement For Month Ended December 31 Total expenses 0 $ 0

On December 31, a company's monthly records show the following accounts. Cash Accounts receivable Supplies Land Services revenue Accounts payable Wages expense Supplies expense Rent expense $ 27,400 4,900 11,900 71,900 89,500 31,900 41,900 9,400 5,400 Use this information to prepare a December income statement. Revenues Expenses Income Statement For Month Ended December 31 Total expenses 0 $ 0

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 Supplies expense Rent expense $ 27,400 4,900 11,900 71,900 89,500 31,900 41,900 9,400 5,400 Use this information to prepare a December income statement. Revenues Expenses Income Statement For Month Ended December 31 Total expenses 0 $ 0
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 Supplies expense Rent expense $ 27,400 4,900 11,900 71,900 89,500 31,900 41,900 9,400 5,400 Use this information to prepare a December income statement. Revenues Expenses Income Statement For Month Ended December 31 Total expenses 0 $ 0
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