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From the Following List of Accounts Taken from Lamar's Accounting

question 30

Short Answer

From the following list of accounts taken from Lamar's accounting records, identify those that would appear on the Income Statement.
 (a)  Rent Expense  (b)  Land  (c)  Capital  (d)  Fees Earned  (e)  Withdrwal  (f)  Wages Expense  (g)  Investment \begin{array}{ll}\text { (a) } & \text { Rent Expense } \\\text { (b) } & \text { Land } \\\text { (c) } & \text { Capital } \\\text { (d) } & \text { Fees Earned } \\\text { (e) } & \text { Withdrwal } \\\text { (f) } & \text { Wages Expense } \\\text { (g) } & \text { Investment }\end{array}

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Definitions:

Declared

Means to make a statement or announcement in a public, official, or definitive way.

Sentencing Policy

Guidelines and laws that determine the type and severity of punishment for crimes.

Public Involvement

The participation of ordinary citizens in the political, decision-making, or other relevant processes within their community or country.

Three-Strikes Legislation

A legal principle mandating harsher sentences on offenders who are convicted of three or more serious criminal offenses.

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