Introduction to flccounti

Basic Income Statement Assignment

Review income statement formatting in the course content. Then, in a Word document, identify and briefly describe at least five errors in the income statement shown.

$5$ marks

In an Excel spreadsheet, prepare a corrected income statement using formulas for the calculations.

$\backslash$table$[[$Income Statement$],[$Anderson Consultants$],[$June $30,200-,],[$Reveue$,],[$Fees Earned,$],[$Operating Expenses,$],[$Interest Expense,$8,900\mathrm{.}00$