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Module 2: [4 marks] The Martins will use a projected Income Statement to plan their operations: Raw Materials Purchases: Advertising: Revenue: Office Lease: Income
Module 2: [4 marks] The Martins will use a projected Income Statement to plan their operations: Raw Materials Purchases: Advertising: Revenue: Office Lease: Income Taxes: $300,000 Sales Salaries: 80,000 3,000 Travel: 2,000 400,000 10,000 Financing Costs: 10,000 Depreciation: 15,000 3,500 Admin Salary: 40,000 Q1: Use these accounts to prepare CompuTech's Income Statement for the year ended December 31, 2021.
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