Home Entertainment, a retailer of CDs and DVDs, provided the following information for the month of June: Sales Selling expenses Administrative expenses Merchandise inventory, beginning balance Merchandise inventory, ending balance Merchandise purchases Required: Prepare an income statement for the company for the month. Sales Cost of goods sold: HOME ENTERTAINMENT Income Statement For the month ended xxx " $150,000 40,000 25,000 12,000 22,000 90,000 Prow 44 1 of 11 --- Next

Home Entertainment, a retailer of CDs and DVDs, provided the following information for the month of June: Required: Prepare an income statement for the company for the month