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Beasley, Inc. reports the following amounts in its December 31, 2018, income statement. Sales revenue Interest expense Salaries expense Utilities expense $370,000 Income tax expense
Beasley, Inc. reports the following amounts in its December 31, 2018, income statement. Sales revenue Interest expense Salaries expense Utilities expense $370,000 Income tax expense 12,000 Cost of goods sold 39,000 Advertising expense 42,000 $ 39,000 130,000 20,000 Prepare a multiple-step income statement. BEASLEY, INC Multiple-step Income Statement For the year ended December 31, 2018 Sales revenue $ 0 Total operating expenses 0 0 Income before income taxes 0 $ 0
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