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In its income statement for the year ended December 31, 2022, Blossom Company reported the following condensed data. Salaries and wages expenses Cost of goods
In its income statement for the year ended December 31, 2022, Blossom Company reported the following condensed data. Salaries and wages expenses Cost of goods sold Interest expense Interest revenue Depreciation expense $372,000 Y 789,600 56,800 52,000 248,000 Loss on disposal of plant assets Sales revenue Income tax expense Sales discounts Utilities expense Prepare a multiple-step income statement. (List other revenues before other expenses.) BLOSSOM COMPANY Income Statement 24 $ 66,800 1,768,000 20,000 128,000 88,000
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