Question - The following revenue and account balances were taken from the Income Statement columns of the work sheet for Dial Systems Co. for December 31, 2014.
Depreciation Expense $6,000
Insurance Expense $4,000
Miscellaneous Expense $15,500
Service Revenue $150,000
Supplies Expense $2,000
Utilities Expense $3,500
Wages Expense $65,000
Prepare an Income Statement. Be sure to label your answer appropriately and in standard format.