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LLLLLLLL 4 The following is a list of accounts from Halton Clay Works 2020 income statement as at December 31st. Halton Clay produces a variety
LLLLLLLL 4 The following is a list of accounts from Halton Clay Works 2020 income statement as at December 31st. Halton Clay produces a variety of plant pots, garden figures and serving dishes. These products are manufactured at their plant in Cambellville. Ontario. Arrange the accounts in the company's income statement format using appropriate headings and using calculations for the totals as appropriate. Remember this is to be a formal Income Statement Raw materials Sales Returns Rent Bank Interest Expense Packaging & Delivery of finished product Depreciation Gross Sales Revenue General Administration Expenses Income Taxes Advertising & Promotion Expenses Management Salaries $129,000 $11,500 $2.000 $3,500 $21,000 $4,000 $252 500 $500 $9.750 $2.000 $31.000 I LLLLLLLL 4 The following is a list of accounts from Halton Clay Works 2020 income statement as at December 31st. Halton Clay produces a variety of plant pots, garden figures and serving dishes. These products are manufactured at their plant in Cambellville. Ontario. Arrange the accounts in the company's income statement format using appropriate headings and using calculations for the totals as appropriate. Remember this is to be a formal Income Statement Raw materials Sales Returns Rent Bank Interest Expense Packaging & Delivery of finished product Depreciation Gross Sales Revenue General Administration Expenses Income Taxes Advertising & Promotion Expenses Management Salaries $129,000 $11,500 $2.000 $3,500 $21,000 $4,000 $252 500 $500 $9.750 $2.000 $31.000
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