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The following selected accounts and amounts (in thousands) were taken from the February 2, 2019, financial statements of Reitmans (Canada) Limited $44.415 413,505 Administrative expenses

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The following selected accounts and amounts (in thousands) were taken from the February 2, 2019, financial statements of Reitmans (Canada) Limited $44.415 413,505 Administrative expenses Cost of goods sold Dividends declared Finance expenses Finance income 12.666 12,304 6,232 Income tax expense Rr 5,405 Selling and distribution expenses 446,856 Sales 923.018 - / 10 For each of the accounts, identify whether it is a revenue or expense account or an account that is not reported on the statement of income Administrative expenses Cost of goods sold Financing expenses Finance income 5 Income tax expense

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