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Presented below is information related to Splish Enterprises Inventory at cost Jan. 31 $18,600 17,980 Inventory at LCNRV Feb. 28 $18,724 15,624 21,080 35,960 Mar.
Presented below is information related to Splish Enterprises Inventory at cost Jan. 31 $18,600 17,980 Inventory at LCNRV Feb. 28 $18,724 15,624 21,080 35,960 Mar. 31 $21,080 19,344 29,760 43,400 Apr. 30 $17,360 16,492 32,860 49,600 Purchases for the month Sales for the month Part 1 From the information, prepare (as far as the data permit) monthly income statements in columnar form for February, March, and April. The Inventory is to be shown in the statement at cost; the gain or loss due to market fluctuations is to be shown separately (using a valuation account). (Enter negative amounts using either a negative sign preceding the number eg.-45 or parentheses eg. (45).) February March April Please don't answer I posted twice Presented below is information related to Splish Enterprises Inventory at cost Jan. 31 $18,600 17,980 Inventory at LCNRV Feb. 28 $18,724 15,624 21,080 35,960 Mar. 31 $21,080 19,344 29,760 43,400 Apr. 30 $17,360 16,492 32,860 49,600 Purchases for the month Sales for the month Part 1 From the information, prepare (as far as the data permit) monthly income statements in columnar form for February, March, and April. The Inventory is to be shown in the statement at cost; the gain or loss due to market fluctuations is to be shown separately (using a valuation account). (Enter negative amounts using either a negative sign preceding the number eg.-45 or parentheses eg. (45).) February March April Please don't answer I posted twice
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