Universal Services was organized on October 1, 2015. A summary of the revenue and expense transactions for October follows:Fees earned …………$800,000Wages expense ………..270,000Rent expense...

Universal Services was organized on October 1, 2015. 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, 2015. View Solution:

Universal Services was organized on October 1 2015 A summary