Solution-Prepare in good form a multiple-step income

Prepare in good form a multiple-step income statement

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Reference no: EM132895170

Question - Presented below is information for amazon for the month of January 2022.

Cost of goods sold $250,000 Rent expense $22,000

Gain on asset disposal 5,000 Utilities expense 1,000

Insurance expense 7,000 Sales returns and allowances 25,000

Depreciation expense 6,000 Interest revenue 700

Salaries and wages expense 40,000 Sales revenue 425,000

Interest expense 1,000 Tax expense 7,000

Required - Prepare, in good form, a multiple-step income statement.

Reference no: EM132895170

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Prepare in good form a multiple-step income statement : Question - Presented below is information for amazon for the month of January 2022. Prepare in good form a multiple-step income statement

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Prepare in good form a multiple-step income statement

Reference no: EM132895170

Reference no: EM132895170

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