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Prepare a comprehensive income statement. SHERIDAN CO. Comprehensive Income Statement For the Month Ended January 31, 2022 Sales $ e Textbook and Media List of
Prepare a comprehensive income statement. SHERIDAN CO. Comprehensive Income Statement For the Month Ended January 31, 2022 Sales $ e Textbook and Media List of Accounts Income Statement For the Month Ended January 31, 2022 Sales Sales Revenue s 395,000 Less Sales Returns and Allowances S 19.200 Sales Discounts 8100 i 27300 i Net Sales 367700 Cost of Goods Sold 214100 i Gross Profit 153600 Operating Expenses Freight-Out 8500 i Insurance Expense 12300 Salaries and Wages Expense 62200 i Rent Expense 33900 116900 36700 Total Operating Expenses Income Before Income Taxes Income Tax Expense Net Income /(Loss) S 52100 eTextbook and Media List of Accounts Prepare a comprehensive income statement. SHERIDAN CO. Comprehensive Income Statement For the Month Ended January 31, 2022 Sales $ e Textbook and Media List of Accounts Income Statement For the Month Ended January 31, 2022 Sales Sales Revenue s 395,000 Less Sales Returns and Allowances S 19.200 Sales Discounts 8100 i 27300 i Net Sales 367700 Cost of Goods Sold 214100 i Gross Profit 153600 Operating Expenses Freight-Out 8500 i Insurance Expense 12300 Salaries and Wages Expense 62200 i Rent Expense 33900 116900 36700 Total Operating Expenses Income Before Income Taxes Income Tax Expense Net Income /(Loss) S 52100 eTextbook and Media List of Accounts
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