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Fit-for-Life Foods reports the following income statement accounts for the year ended December 31. Prepare a multiple-step income statement Fit-for-Life Foods reports the following income
Fit-for-Life Foods reports the following income statement accounts for the year ended December 31. Prepare a multiple-step income statement
Fit-for-Life Foods reports the following income statement accounts for the year ended December 31. $ 6,290 218,000 31,100 91,000 23,700 Gain on sale of equipment Office supplies expense Insurance expense Sales Office salaries expense Rent expenseselling space Sales salaries expense Prepare a multiple-step income statement. 620 1,380 11,600 Depreciation expenseOffice copier Sales discounts Sales returns and allowances TV advertising expense Interest revenue Cost of goods sold Sales commission expense $ 530 16,700 3,900 3, goo 650 13,100 Answer is not complete. -FOR-LIFE FOOD Income Statement For Year Ended December 31 Sales Expenses Selling expenses Sales salaries expense Sales commission expense Rent expenseSelling space Total selling expenses General and administrative expenses Office supplies expense Office salaries expense Depreciation expenseOffice copier Insurance expense Total general and administrative expenses Total expenses Loss from operations Other revenues, gains, expenses & losses Interest revenue Total other revenues, gains, expenses & losses 23,700 13,100 e 11 ,600 620 e 3,800 530 e 1,380 650 e 218,000 218,000 218,000 48,400 6,330 54,730 163,270 650
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