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On December 31, James Co
On December 31, James Co. had the following list of accounts. Prepare an income statement for the year.
Additional Resources
Accounts Payable$
27,200
Legal Expense$
8,800
Accounts Receivable33,100
Maintenance Expense7,300
Beginning Capital65,100
Prepaid Rent24,500
Cash63,700
Rent Expense8,400
Consulting Revenue57,900
Supplies16,600
Deferred Revenue13,800
Supplies Expense9,900
Drawing22,000
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