Question
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 Sales Equipment $ 16,100 14,100 18,100 10,100 40,100 12,100 55,100 28,100 92,200 1,100 REX MANUFACTURING Income Statement For Year Ended Decembar 1 Cast of goods sold
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Fundamental Accounting Principles
Authors: John J Wild, Ken Shaw
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1260247988, 978-1260247985
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