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Use the accounts below for Stanley Black and Decker to prepare an income statement for the year ended December 31, 2018. MAKE SURE TO INCLUDE
Use the accounts below for Stanley Black and Decker to prepare an income statement for the year ended December 31, 2018. MAKE SURE TO INCLUDE APPROPRIATE SUBTOTALS Sales revenue 250,000 Nonoperating Income 3,000 Cost of goods sold expense 120,000 Rent and Utilities expense 40,000 Salary expense 50,000 Income tax expense 15,000 Net earnings from discontinued operations 12,000
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