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Unformatted text preview: 1,100 31-Dec Salaries Expense 4,700 Salaries Payable 4,700 Income Income Statement For the Year Ended December 31, 2007 Revenues Admissions revenue $430,000 Expenses Interest Expense $3,200 Advertising Expense 12,580 Salaries Expense 62,300 Total expenses 78,080...
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