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Maynard Services was organized on August 1, 20Y5. A summary of the revenue and expense transactions for August follows:Fees earned ……………………….. $3,400,000Wages expense …………………….. 2,150,000Miscellaneous expense ……………….. 55,000Rent expense ………………………… 320,000Supplies expense ……………………… 30,000Prepare an income statement for the month ended August 31.View Solution:
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