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please write it properly and the statement from lyryx so please write properly To Segura Corporation is shown below. Complete the classified multi-step income statement
please write it properly and the statement from lyryx so please write properly
To Segura Corporation is shown below. Complete the classified multi-step income statement on the right. Segura Corporation Income Statement For the year ended December 31, 2014 X + X Net sales Gross profit from sales Operating expenses Selling expenses Total selling expenses General and administrative expenses Balance Sheet and Income Statement of Statement Changes in Equity Debit Credit Debit Credit Accumulated Depreciation, Office Furniture 50,000 Accumulated Depreciation, Store Furniture 20,500 Cost Of Goods Sold 118,000 Depreciation Expense, Office Furniture 15,000 Depreciation Expense, Store Furniture 6,500 Dividends 17,000 Income Taxes Expense 20,600 Income Taxes Payable 20,600 Interest Expense 26,500 Liabilities 366,000 Merchandise Inventory 189,000 Office Furniture 439,000 Office Salaries Expense 60,500 Rent expense, office space 121,500 Rent expense, selling space 72,500 Rent revenue 269,000 Retained Earnings 52,500 Sales 431,500 Sales Discounts 19,500 Sales Returns and Allowances 15,500 Sales Salaries Expense 142,000 Share Capital 147,500 Store Furniture 94,500 Totals 618,100 700,500 739,500 657,100 Net Income 82,400 82,400 Totals 700,500 700,500 739,500 739,500 Total general and administrative expenches Total operating expenses X Other revenues and expenses Income before taxStep by Step Solution
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