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acc The following account balances were taken from the 2021 adjusted trial balance of the Bowler Corporation: sales revenue, $325,000; cost of goods sold. $168,000;
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The following account balances were taken from the 2021 adjusted trial balance of the Bowler Corporation: sales revenue, $325,000; cost of goods sold. $168,000; salaries expense, $45,000; rent expense, $20,000: depreciation expense, $30,000; and miscellaneous expense, $12,000. Prepare an income statement for 2021. BOWLER CORPORATION Income Statement For the Year Ended December 31, 2021 Step by Step Solution
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