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In its income statement for the year ended December 31, 2020, Bramble Company reported the following condensed data. Operating expenses $741,830 Interest revenue $30,620 Cost
In its income statement for the year ended December 31, 2020, Bramble Company reported the following condensed data.
Operating expenses | $741,830 | Interest revenue | $30,620 | |||
Cost of goods sold | 1,308,100 | Loss on disposal of plant assets | 17,360 | |||
Interest expense | 73,600 | Net sales | 2,420,900 | |||
Other comprehensive loss | 8,700
Prepare a multiple-step income statement. (List other revenues before other expenses. Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) |
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