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Love the Earth Goods reports the following income statement accounts for the year ended December 31. $ $ Gain on sale of equipment Office supplies
Love the Earth Goods reports the following income statement accounts for the year ended December 31. $ $ Gain on sale of equipment Office supplies expense Insurance expense Sales Ottice salaries expense Rent expense-Selling space Sales staff wages 6,320 Depreciation expense --Office copier 760 Sales discounts 1.370 Sales returns and allowances 217,000 TV advertising expense 31,300 Interest revenue 10,300 Coat of goods sold 23, 100 Sales commission expense 480 15, 700 3,900 2, 200 600 89,000 13,000 Prepare a multiple-step income statement B C 1 2 Love the Earth Goods Income Statement For Year Ended December 31 3 4 5 6 7 8 9 10 Expenses 11 Selling expenses 12 13 HUIC Our PIC-OLLY HILUITIL SLUTTRIC A B 1 2 Love the Earth Goods Income Statement For Year Ended December 31 4 5 5 6 22 7 8 9 10 Expenses Selling expenses 11 12 13 14 15 16 17 18 19 Total selling expenses General and administrative expenses 20 21 22 23 24 25 26 Total general and administrative expenses Total expenses Other revenues, gains, expenses 8 losses 27 28 29 30 31 Total other revenues, gain expenses 5 losses 33 -pe here to search
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