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Income Statement
Dairy Services was organized on August 1, 2019. A summary of the revenue and expense transactions for March follows:
| Fees earned | $439,300 |
| Wages expense | 224,000 |
| Rent expense | 43,500 |
| Supplies expense | 13,600 |
| Miscellaneous expense | 14,500 |
Prepare an income statement for the month ended August 31
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