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36. ScheduleofCostofGoodsSold. ThebalanceinBlueOakCompany'sfinishedgoodsinventoryaccountwas$25,000atthebeginningofSeptemberand$28,000attheendofSeptember.Costofgoodsmanufacturedforthemonthtotaled$17,000. Required: PrepareascheduleofcostofgoodssoldforthemonthofSeptember. 37. IncomeStatement. AutoProducts,Inc.,hadthefollowingactivityforthemonthofOctober. Sales revenue $1,100,000 Selling expenses $300,000 General and administrative expenses $230,000 Cost of goods sold $475,000 Required:
36.ScheduleofCostofGoodsSold.ThebalanceinBlueOakCompany'sfinishedgoodsinventoryaccountwas$25,000atthebeginningofSeptemberand$28,000attheendofSeptember.Costofgoodsmanufacturedforthemonthtotaled$17,000.
Required:
PrepareascheduleofcostofgoodssoldforthemonthofSeptember.
37.IncomeStatement.AutoProducts,Inc.,hadthefollowingactivityforthemonthofOctober.
Sales revenue | $1,100,000 |
Selling expenses | $300,000 |
General and administrative expenses | $230,000 |
Cost of goods sold | $475,000 |
Required:
PrepareanincomestatementforthemonthofOctober.
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