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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 $ 17,000 15,000. 19,000 20,000 41,000. 13,000 56,000 29,000 94,000 2,000 Sales Equipment REX MANUFACTURING Income Statement For Year Ended December 31 Cost of goods sold
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