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Exercise 5-6 (Part Level Submission) Presented below is information for Oriole Company for the month of January 2017. $218,200 Rent expense Cost of goods sold
Exercise 5-6 (Part Level Submission) Presented below is information for Oriole Company for the month of January 2017. $218,200 Rent expense Cost of goods sold Freight-out Insurance expense Salaries and wages expense Income tax expense 9,600 Sales discounts 13,100 Sales returns and allowances 62,800 Sales revenue $34,600 10,000 19,400 396,000 4,800 Other comprehensive income (net of $400 tax) 2,000 (a) Prepare an income statement using the multi-step format. ORIOLE COMPANY Income Statement
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