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Using the information given below, prepare a multi-step income statement for June 2021 for Gutierrez Company. Cost of Goods Sold = $275,000 Depreciation Expense =
Using the information given below, prepare a multi-step income statement for June 2021 for Gutierrez Company.
- Cost of Goods Sold = $275,000
- Depreciation Expense = $6,000
- Interest Expense = $17,000
- Interest Revenue = $28,000
- Salaries Expense = $40,000
- Sales Discounts = $15,000
- Sales Returns & Allowances = $12,000
- Sales Revenue = $650,000
- Utilities Expense = $10,000
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Financial Accounting A Critical Approach
Authors: John Friedlan
4th edition
1259066525, 978-1259066528
