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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 $ 16,900 14,900 18,900 Finished goods inventory, beginning Cost of goods manufactured 19,900 40,900 Selling expenses 12,900 Cash Land 55,900 28,900 93,800 1,900 Sales Equipment REX MANUFACTURING Income Statement For Year Ended December 31 Cost of goods sold 0 < Prev 5 of 10 # Next >
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