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Prepare the Income Statement for the following companies: 1. Miami Cleaning Services Service Revenue $ 10,300.00 Salaries expenses 2,158.00 Rent expenses 1,000.00 Utilities expense 550.00
Prepare the Income Statement for the following companies: 1. Miami Cleaning Services Service Revenue $ 10,300.00 Salaries expenses 2,158.00 Rent expenses 1,000.00 Utilities expense 550.00 2. Miami Cleaning Supplies Beginning Merchandise Inventory 4,000.00 Ending Merchandise Inventory 2,180.00 Purchases 3,700.00 Freigh-In 1,358.00 Selling expenses 720.00 Administrative expenses 1,841.00 Net sales revenue 1,030.00 3. Miami Manufacturing LLC. Net sales revenue 10,300.00 Beginning Finished Goods Inventory 4,000.00 Ending Finished Goods Inventory 2,180.00 Cost of Goods Manufactured 5,058.00 Selling expenses 720.00 Administrative expenses 1,841.00
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