Question
- On your own words, explain the purpose and the importance of the income statement, and prepare the income statement for Max company based on
- On your own words, explain the purpose and the importance of the income statement, and prepare the income statement for Max company based on the following information taken from the trial balance in December 2018 (2 Marks)
| Revenue |
| 70,000 |
| Supplies expense | 3,000 |
|
| Rent expense | 6,000 |
|
| Wages expense | 22,000 |
|
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Content Audits And Inventories A Handbook
Authors: Paula Ladenburg Land
1st Edition
1937434389, 978-1937434380
