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Income Statement The revenues and expenses of Paradise Travel Service for the year ended May...

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Accounting

Income Statement

The revenues and expenses of Paradise Travel Service for the year ended May 31, 20Y6, follow:

Fees earned $922,470

Office expense 212,170

Miscellaneous expense 18,450

Wages expense 442,785

Prepare an income statement for the year ended May 31, 20Y6.

Paradise Travel Service Income Statement for the Year Ended May 31, 20Y6

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