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Presented below is information for Wildhorse Co. for the month of January 2022. Cost of goods sold $216,900 Rent expense $32,600 Freight-out 7,500 Sales discounts
Presented below is information for Wildhorse Co. for the month of January 2022. Cost of goods sold $216,900 Rent expense $32,600 Freight-out 7,500 Sales discounts 8,200 Insurance expense 12,400 Sales returns and allowances 17,800 Salaries and wages expense 62,800 Sales revenue 395,500 Income tax expense 5,700 Other comprehensive income (net of $400 tax) 2,000 WILDHORSE CO. Income Statement For the Month Ended January 31, 2022 $ Less V -- Sales Revenue $ Sales Discounts > $
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