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Midterm Test #2-Chs 4 & 5 16 Fit-for-Life Foods reports the following income statement accounts for the year ended December 31. 15 p 005410
Midterm Test #2-Chs 4 & 5 16 Fit-for-Life Foods reports the following income statement accounts for the year ended December 31. 15 p 005410 Book Gain on sale of equipment office supplies expense Insurance expense Sales office salaries expense Bent expense-selling space Sales staff wages Prepare a multiple-step income statement $ 6,220 760 Depreciation expense-office copier Sales discounts $ 550 16,500 1,330 Sales returns and allowances 4,100 229,000 TV advertising expense. 2,000 31,200 640 Interest revenue 10,300 Cost of goods sold 22,800 Sales commission expense FIT FOR LIFE FOODS Income Statement For Year Ended December 31 89,800 12,400 Expanses Selling expenses Total safing expenses General and administrative expenses
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