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please help with the last few answers circled in red on the income statement. for the missing account name, the last 4 photos can be
please help with the last few answers circled in red on the income statement. for the missing account name, the last 4 photos can be used for that answer Fortune incorporated is preparing its master budget for the first quarter. The company sells a single product at a price of $25 per unit Sales (in units) are budgeted at 150,000 for the first quarter. Cost of goods sold is $12 per unit. Other expense information for the first quarter follows. Prepare a budgeted income statement for the first quarter ended March 31. (Round your intermediate and final answers to the nearest whole dollar.) Accounts payable Accounts receivable Accumulated depreciation Advertising expense Bank Ioan payable Cash Common stock Cost of goods sold Depreciation expense Equipment Income tax expense Income taxes payable Interest expense Inventory Office salaries expense Rent expense Retained earnings Salaries payable Sales Sales commissions expense
please help with the last few answers circled in red on the income statement. for the missing account name, the last 4 photos can be used for that answer
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