=+Materials purchased 95,000 Office salaries expense 59,500 Property taxesfactory 3,150 Property taxesheadquarters building 10,500 Rent expensefactory 5,250
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=+Materials purchased 95,000 Office salaries expense 59,500 Property taxes—factory 3,150 Property taxes—headquarters building 10,500 Rent expense—factory 5,250 Sales 665,000 Sales salaries expense 105,000 Supplies—factory 2,500 Miscellaneous cost—factory 3,400 Instructions 1. Prepare the 2010 statement of cost of goods manufactured.
2. Prepare the 2010 income statement.
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