Question
Required 1. Draw the income statement 2. calculate the net income Question $190000 sales revenues, $15000 interest revenues, $10000advertising expenses, $15000 marketing expenses, $60000 cost
Required
1. Draw the income statement
2. calculate the net income
Question
$190000 sales revenues,
$15000 interest revenues,
$10000advertising expenses,
$15000 marketing expenses,
$60000 cost ofgoods sold
Step by Step Solution
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Step: 1
Here is the income statement INCOME STATEMENT Revenues Sales revenues 190000 Interest revenues ...Get Instant Access to Expert-Tailored Solutions
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Step: 2
Step: 3
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College Accounting Chapters 1-30
Authors: John Price, M. David Haddock, Michael Farina
15th edition
1259994975, 125999497X, 1259631117, 978-1259631115
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