(Answered) Relax services was organized on may 1 2010 a summary of the

Accounting

Relax Services was organized on May 1, 2010. A summary of the revenue and expense transactions for May follows:

Fees earned $363,200
Wages expense 187,000
Rent expense 36,000
Supplies expense 11,500
Miscellaneous expense 12,100

Prepare an income statement for the month ended May 31.

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