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All the info above is correct. Can you help me do closing entries? Spring Company Mutlestep Income Statement For the Month Ended January 31, 2018
All the info above is correct. Can you help me do closing entries?
Spring Company Mutlestep Income Statement For the Month Ended January 31, 2018 $61,446.00 $ (601.00) $ 112.00 Sales Revenue Less: Sales returns Sales discount forfieted Net Sales Less: COGS Gross Profit Operating expense: Bad debt expense Rent expense Repair and maintence Salaries Expense Depreciation Expense Insurance Expense Office Supplies Expense Total Operating Expense Income From Operations Other Income and Expense: Loss on sale of equipment Interest expense Unrealized Loss Tulips Interest revenue Total Other Income and Expenses Income Before Tax Income tax Expense Net Income Other Comprehensive Income: AOIC Total other Comprehensive Income: Comprehensive Income $60,957.00 $40,734.00 $20,223.00 $ 113.00 $ 2,000.00 $ 400.00 $6,900.00 340.00 100.00 $ 950.00 $ 10,803.00 $ 9,420.00 (100.00) $ 594.00 $ (1,500.00) $220.00 $ (786.00) $ 8,634.00 $2,590 6,044 6,000.00 $ 6,000.00 $ 12,044Step by Step Solution
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