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Fit for Life Foods reports the following income statement accounts for the year ended December 31 5 Gain on sale of equipment office supplies wense
Fit for Life Foods reports the following income statement accounts for the year ended December 31 5 Gain on sale of equipment office supplies wense Insurance expence Sales office salaries expense Rent expense-Selling space Sales staff wages $ 6,350 Depreciation expense-Office copler 220 Salus discounts 1,240 Sales returns and allowances 215,000 TV advertising expense 31,500 Interest revenue 11,000 Cost of goods sold 23,000 Sales comission expense oto 15,700 4,000 7,189 600 38,100 13,000 Prepare a multiple-step income statement FIT-FOR-LIFE FOODS Income Statement For Year Ended December 31 interest revenue 0 0 Expenses Selling expenses
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