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Use this information to prepare either a multiple step income statement or a contribution format income statement. Debit Credit Account Name Raw Materials Cash $33,400
Use this information to prepare either a multiple step income statement or a contribution format income statement. Debit Credit Account Name Raw Materials Cash $33,400 $133,100 $391,800 $14,400 Work in Process Manufacturing Overhead Salaries Expense Rent Expense Advertising Expense $47,000 $5,100 $12,000 $26,000 $21,000 Sales Commissions Expense Accumulated Depreciation Depreciation Expense Cost of Goods Sold $5,000 $203,600 Sales Revenue $519,000 MacBook Air FS 16 # $ 4 % 5 & 7 3 6 9
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