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To prepare multi step income statement MSM and to upload excel file. Sales 550 000 Salaries exp. 51 000 Sales returns and allowances 16 700
To prepare multi step income statement MSM and to upload excel file.
Sales 550 000
Salaries exp. 51 000
Sales returns and allowances 16 700
Sales discounts 4300
Rent exp. 16 300
Cost of goods sold 355 000
Utilities exp. 17 000
Advertising exp. 16 000
Interest revenue 2200
Depreciation exp. 8000
Freight out 7000
Insurance exp. 1500
Interest exp. 1800
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