Question
I need to create a Statement of income and retained earning using this info and in the following format Sales Revenue 9,600,00 Cost of Goods
I need to create a Statement of income and retained earning using this info and in the following format
Sales Revenue 9,600,00 Cost of Goods Sold 5,900,00 Gross Profit / (Loss) 3,640,000 Selling and Administrative Expenses 1,284,000 Loss on Inventory Due to Decline in NRV 114,000 Total Operating Expenses 1,398,000 Income before Income Tax and Discontinued2,242,000
Operations Income Tax Expense 896,800 Income before Discontinued Operations 1,345,200 Discontinued Operations Loss from Operation of Discontinued Segment (Net of Tax) 166,800 Net Income / (Loss) 1,178,400
Grouper Corporation Statement of Income and Retained Earnings For the Year Ended December 31, 2023 $ ^ $ $ ^ $ $ Grouper Corporation Statement of Income and Retained Earnings For the Year Ended December 31, 2023 $ ^ $ $ ^ $ $
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