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Prepare the income statement for the ABC company for the year 2021: 2020 $ 18,954 Sales Depreciation Cost of goods sold Other expenses Interest Cash
Prepare the income statement for the ABC company for the year 2021: 2020 $ 18,954 Sales Depreciation Cost of goods sold Other expenses Interest Cash Accounts receivable Short-term notes payable Long-term debt Net fixed assets Accounts payable Inventory Dividends Tax rate Owners' equity 2,897 7,580 1,524 998 9,487 12.987 1,652 30.654 79.002 6,874 21,654 1,365 35% S 76.122 2021 $ 22,652 3,050 6,972 1,826 1,620 10,265 13,482 1,897 35,991 82,654 7,612 23.855 2,315 35% $77,865
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