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Following Are the Financial Statement Data for Yevin Temporary Services

Question 84

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Following are the financial statement data for Yevin Temporary Services at December 31, 2011. Prepare Yevin's income statement.
$610 Accounts Payable 600 Accounts Receivable 300 Cash 625 CommonStock 100 Dividends 60 Insurance Expense 1,000 Office Equipment 300 Retained Earnings, January 1, 201 550 Salaries Expense 35 Notes Payable 1,500 Service Reverue 20 Inventary 40 Supplies Expense \begin{array}{ll}\$ 610 & \text { Accounts Payable } \\600 & \text { Accounts Receivable } \\300 & \text { Cash } \\625 & \text { CommonStock }\\100 & \text { Dividends } \\60 & \text { Insurance Expense } \\1,000 & \text { Office Equipment } \\300 & \text { Retained Earnings, January 1, 201 } \\550 & \text { Salaries Expense } \\35 & \text { Notes Payable } \\1,500 & \text { Service Reverue } \\20 & \text { Inventary } \\40 & \text { Supplies Expense }\end{array}

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