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How would I solve for this or answer this section of the Income Statement based off of the Adjusted Trial Balance? I need to fill
How would I solve for this or answer this section of the Income Statement based off of the Adjusted Trial Balance? I need to fill out the 1st part based on these numbers. Hoe Insert Page tayout Formulas Data Review View Acrobat 014 fr Peyton Approved Income Statement For Qtr. Ending 9/30/2018 Revenues Total Revenues Cost of Goods Sold Gross Profit (FIFO) Operating Expenses Total Operating Expenses: Net Income (FIFO) Adjusting Entree Income ong Esentory VakationTaccountsTral palence eady Excel File Edit View Insert Format Tools Data Window Help m Insert D aw Pege Layout Formulas Data Review View Peyton Approved Trial Balance Unadjusted trial balance Adjusting entries Credit Adjusted trial balance Debit Credit 32 236 75 18.500.00 175.65 1,500.00 2.400.00 6,000.00 1,200.00 8,000.00 50.00 1,200.00 Baking Equipment 250.00 550.00 Office Supplies 7.700.00 10,000.00 50.00 Interest Payable Accounts Payable Wages Payabie 5,000.00 480.00 480.00 16,000.00 16,000.00 10,000.00 10,000.00 Bakery Sales 55,000.00 221.00 55,000.00 221.00 Merchandise Sales Baking Supplies Expense 17,400 Rent Expense Interest Expense Insurance Expense Depreciation Expense 17.40000 4,500.00 50.00 1,200.00 250.00 4,500.00 50.00 1,200.00 250.00 Office Supplies Expense Business License Expense Advertising Expense Wages Expense 550.00 550.00 375.00 1,958.00 157.60 200.00 1,956.00 150.00 157.60 Telephone Expense Total (FIFO) 86,70100 86,701.0019,450.00 19450.00 7001.00
How would I solve for this or answer this section of the Income Statement based off of the Adjusted Trial Balance?
I need to fill out the 1st part based on these numbers.
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