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EL Fa-for-Life Foods reports the following income statement accounts for the year ended December 31 Gain one of equipment office supplies expense Insurance expense Sales

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EL Fa-for-Life Foods reports the following income statement accounts for the year ended December 31 Gain one of equipment office supplies expense Insurance expense Sales office salaries expense Rent expense-selling space Sales staff wages 6, 230 640 1,380 218,888 31,300 10,500 23,780 Depreciation expense office copter Sales discounts Sales returns and allowances TV advertising expense Interest revenue Cast of goods sold Sales commission expense 500 15, 200 3,900 35,000 670 89,900 13 409 Prepare a multiple-step income statement. FIT-FOR-LIFE FOODS Income Statement For Year Ended December 31 Expenses Selling expenses Expenses Selling expenses Total selling expenses General and administrative expenses Total general and administrative expenses Total expenses othedrevenues gains, expenses & losse losses

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