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______ List of accounts to be used Accounts Payable Accounts Receivable Accumulated Depreciation-Buildings Accumulated Depreciation-Equipment Administrative Expenses Advertising Expense Amortization Expense Buildings Cash Common Stock
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List of accounts to be used
- Accounts Payable
- Accounts Receivable
- Accumulated Depreciation-Buildings
- Accumulated Depreciation-Equipment
- Administrative Expenses
- Advertising Expense
- Amortization Expense
- Buildings
- Cash
- Common Stock
- Cost of Goods Sold
- Depreciation Expense
- Dividends
- Equipment
- Freight-In
- Freight-Out
- Gain on Disposal of Plant Assets
- Income Tax Expense
- Income Taxes Payable
- Insurance Expense
- Interest Expense
- Interest Payable
- Interest Revenue
- Inventory
- Land
- Loss on Disposal of Plant Assets
- Maintenance and Repairs Expense
- Mortgage Payable
- No Entry
- Notes Payable
- Prepaid Insurance
- Purchase Discounts
- Purchase Returns and Allowances
- Purchases
- Rent Expense
- Rent Revenue
- Research and Development Expense
- Retained Earnings
- Salaries and Wages Expense
- Salaries and Wages Payable
- Sales Discounts
- Sales Returns and Allowances
- Sales Revenue
- Supplies
- Supplies Expense
- Unearned Service Revenue
- Utilities Expense
- Website
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The adjusted trial balance of Skysong, Inc. shows these data pertaining to sales at the end of its fiscal year, October 31, 2022: Sales Revenue $907,300; Freight-Out $13,600; Sales Returns and Allowances $20,600; and Sales Discounts $14,900. Prepare the sales section of the income statement. Skysong, Inc. Income Statement (Partial) $ $ $ Net Income /(Loss) Total Expenses Dividends Expenses Sales Net Sales Total Revenues Retained Earnings, October 31, 2022 Retained Earnings, November 1, 2021 Income Statement (Partial) October 31, 2022 For the Year Ended October 31, 2022 For the Month Ended October 31, 2022 > Add Less Incon Total Expenses Total Revenues Retained Earnings, November 1, 2021 Net Sales Retained Earnings, October 31, 2022 Sales Net Income /(Loss) Expenses Dividends >Step by Step Solution
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