Question
Type or paste queACCT203 IP5 Financial Statements Prepare an income statement using the following information for DL Enterprises for the month of July 2021: SALES
Type or paste queACCT203 IP5 Financial Statements Prepare an income statement using the following information for DL Enterprises for the month of July 2021: SALES REVENUE 62,500 RENTAL REVENUE 15,300 PRODUCT EXPENSES 52,200 WAGE EXPENSES 18,900 OWNER INVESTMENTS 12,000 EQUIPMENT PURCHASES 56,000 UTILITIES EXPENSES 1,800 TAX EXPENSES 400 Solution Income Statement ACCT203 IP5 Financial Statements Prepare an income statement using the following information for DL Enterprises for the month of July 2021: SALES REVENUE 725 RENTAL REVENUE (5,200) PRODUCT EXPENSES (11,125) WAGE EXPENSES (17,050) OWNER INVESTMENTS (22,975) EQUIPMENT PURCHASES (28,900) UTILITIES EXPENSES (34,825) TAX EXPENSES (40,750) Solution Income Statement stion here
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