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Cost of goods sold Depreciation expenseOffice copier Gain on sale of equipment Insurance expense Interest revenue Office salaries expense Office supplies expense Rent expenseSelling space

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  • Cost of goods sold

  • Depreciation expenseOffice copier

  • Gain on sale of equipment

  • Insurance expense

  • Interest revenue

  • Office salaries expense

  • Office supplies expense

  • Rent expenseSelling space

  • Sales

  • Sales commission expense

    sales salary expense

    tv ad expense

Fit-for-Life Foods reports the following income statement accounts for the year ended December 31 Gain on sale of equipment $ 6,340 Depreciation expense-Office copier $ 510 Office supplies expense 620 Sales discounts 15,300 Insurance expense 1,200 Sales returns and allowances 4,000 Sales 211,000 TV advertising expense 2,380 Office salaries expense 32,200 Interest revenue 730 Rent expense-Selling space 10,700 Cost of goods sold 88,800 Sales staff wages 22,300 Sales commission expense 12,400 Prepare a multiple step income statement FIT-FOR-LIFE FOODS Income Statement For Year Ended December 31 Expenses Selling expenses Total selling expenses General and administrative expenses Total general and administrative expenses Total expenses Other revenues gains, expenses & losses Total other revenues gains expenses & losses

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