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Presented below is information for amazon for the month of January 2022. Cost of goods sold$250,000Rent expense$22,000 Gain on asset disposal5,000Utilities expense1,000 Insurance expense7,000Sales returns
Presented below is information for amazon for the month of January 2022.
Cost of goods sold$250,000Rent expense$22,000
Gain on asset disposal5,000Utilities expense1,000
Insurance expense7,000Sales returns and allowances25,000
Depreciation expense6,000Interest revenue700
Salaries and wages expense40,000Sales revenue425,000
Interest expense1,000Tax expense7,000
Required:
Prepare, in good form, a multiple-step income statement.
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