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As the accountant for Berkshire Hathaway Inc., you need to prepare the income statement for the year ended December 31, 2023. The following information is
As the accountant for Berkshire Hathaway Inc., you need to prepare the income statement for the year ended December 31, 2023. The following information is available:
- Revenue: $2,000,000
- Cost of Goods Sold: $1,200,000
- Operating Expenses: $400,000
- Interest Expense: $50,000
- Income Tax Expense: $100,000
Prepare the income statement for Berkshire Hathaway Inc.
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