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multi step income statment Income Statement For the Year Ended August 31, 2045 1 Sales $8,595,000.00 2 Cost of merchandise sold 6,110,000.00 3 Income from

multi step income statment
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Income Statement For the Year Ended August 31, 2045 1 Sales $8,595,000.00 2 Cost of merchandise sold 6,110,000.00 3 Income from operations $2,485,000.00 4 Expenses: Selling expenses 5 $800,000.00 6 Administrative expenses 575,000.00 7 Delivery expense 425,000.00 8 Total expenses 1,800,000.00 9 $685,000.00 10 Other expense: 11 Interest revenue 45,000.00 12 Gross profit $640,000.00 Income Statement Income Statement (Label) 1 2 3 4 (Label) 5 6 7 8 9 10 (Label) 11 12

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