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Prepare an income statement for Rex Manufacturing for the year ended December 31 using the following information Hint Not all information given is needed
Prepare an income statement for Rex Manufacturing for the year ended December 31 using the following information Hint Not all information given is needed for the solution Finished goods inventory, ending General and administrative expenses Accounts receivable Finished goods inventory, beginning Cost of goods manufactured Selling expenses Cash Land $ 17,100 15,100 19,100 20,100 41,100 13,100 56,100 29,100 Sales Equipment REX MANUFACTURING Income Statement i For Year Ended December 31 Cost of goods sold 94,200 2,100
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