Financial and Managerial Accounting: Ex1-19 Universal Services was organized on October 1

Financial and Managerial Accounting

EX1-19 Income Statement
Universal Services was organized on October 1, 2012. A summary of the revenue and expense transactions for October follows:
Fees earned 800,000
Wages expense 270,000
Rent expense 60,000
Supplies expense 9,000
Miscellaneous expense 12,000

Prepare an income statement for the month ended October 31.
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