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Net income information is being gathered. Income statement is being made that says what the net income is as any multiple setup formats. The task
Net income information is being gathered. Income statement is being made that says what the net income is as any multiple setup formats. The task is to gather this amount/data so the income statement can be processed. Use as many multiple step formats as possible.
Finances for 2020 | Dollars | |||
Dividends paid | 8268750 | |||
Interest cost | 14765625 | |||
Accounts Receivable | 15946875 | |||
Income tax expense | 7825000 | |||
Other selling expense | 27168750 | |||
Depreciation | 39571875 | |||
Short terms liabilities | 53156250 | |||
Cash from operation | 53156250 | |||
Advertsing expense | 87412500 | |||
Goodwill | 106312500 | |||
Cost of goods sold | 183093750 | |||
General and administrative expenses | 413437500 | |||
Net sales | 909562500 | |||
Income statements | January - December 2020 | Dollars | ||
Description/multiple set format |
Net income | Profit of the year | Value for the profit of the year |
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