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The following information is available for Marigold Corp. for the year ended December 31, 2022:

Other revenues and gains

$11,900

Sales revenue

$628,000

Other expenses and losses

14,400

Operating expenses

250,000

Cost of goods sold

243,100

Sales returns and allowances

40,000

Other comprehensive income

5,300

Prepare a multiple-step income statement for Marigold Corp. and comprehensive income statement. The company has a tax rate of 30%. This rate also applies to the other comprehensive income.

Marigold Corp. Income Statement choose the accounting period For the Year Ended December 31, 2022December 31, 2022For the Month Ended December 31, 2022

select an opening name for section one Other Revenues and GainsNet Income / (Loss)Operating ExpensesTotal ExpensesTotal RevenuesExpensesRetained Earnings, December 31Comprehensive Income / (Loss)RevenuesIncome before Income TaxesGross ProfitNet SalesOther Expenses and LossesRetained Earnings, January 1Other Comprehensive Income / (Loss)Income From OperationsSalesDividends

enter an income statement item

$enter a dollar amount

select between addition and deduction LessAdd: enter an income statement item

enter a dollar amount

select a closing name for section one DividendsExpensesGross ProfitIncome From OperationsIncome before Income TaxesNet Income / (Loss)Net SalesOperating ExpensesRetained Earnings, January 1Retained Earnings, December 31RevenuesTotal RevenuesTotal ExpensesSalesOther Comprehensive Income / (Loss)Comprehensive Income / (Loss)Other Expenses and LossesOther Revenues and Gains

$enter a total amount for section one

enter an income statement item

enter a dollar amount

select a summarizing line for the first part DividendsExpensesGross ProfitIncome From OperationsIncome before Income TaxesNet Income / (Loss)Net SalesOperating ExpensesRetained Earnings, January 1Retained Earnings, December 31RevenuesTotal RevenuesTotal ExpensesSalesOther Comprehensive Income / (Loss)Comprehensive Income / (Loss)Other Expenses and LossesOther Revenues and Gains

enter a total amount for the first part

select an income statement item DividendsExpensesGross ProfitIncome From OperationsIncome before Income TaxesNet Income / (Loss)Net SalesOperating ExpensesRetained Earnings, January 1Retained Earnings, December 31RevenuesTotal RevenuesTotal ExpensesSalesOther Comprehensive Income / (Loss)Comprehensive Income / (Loss)Other Expenses and LossesOther Revenues and Gains

enter a dollar amount

select the summarizing line for the second part DividendsExpensesGross ProfitIncome From OperationsIncome before Income TaxesNet Income / (Loss)Net SalesOperating ExpensesRetained Earnings, January 1Retained Earnings, December 31RevenuesTotal RevenuesTotal ExpensesSalesOther Comprehensive Income / (Loss)Comprehensive Income / (Loss)Other Revenues and GainsOther Expenses and Losses

enter a total amount for the second part

select an income statement item DividendsExpensesGross ProfitIncome From OperationsIncome before Income TaxesNet Income / (Loss)Net SalesOperating ExpensesRetained Earnings, January 1Retained Earnings, December 31RevenuesTotal RevenuesTotal ExpensesSalesOther Comprehensive Income / (Loss)Comprehensive Income / (Loss)Other Revenues and GainsOther Expenses and Losses

enter a dollar amount

select an income statement item DividendsExpensesGross ProfitIncome From OperationsIncome before Income TaxesNet Income / (Loss)Net SalesOperating ExpensesRetained Earnings, January 1Retained Earnings, December 31RevenuesTotal RevenuesTotal ExpensesSalesOther Comprehensive Income / (Loss)Comprehensive Income / (Loss)Other Revenues and GainsOther Expenses and Losses

enter a dollar amount

enter a subtotal of the two previous amounts

select a summarizing line for the third part DividendsExpensesGross ProfitIncome From OperationsIncome before Income TaxesNet Income / (Loss)Net SalesOperating ExpensesRetained Earnings, January 1Retained Earnings, December 31RevenuesTotal RevenuesTotal ExpensesSalesOther Comprehensive Income / (Loss)Comprehensive Income / (Loss)Other Expenses and LossesOther Revenues and Gains

enter a total amount for all three parts

enter an income statement item

enter a dollar amount

select a closing name for this statement DividendsExpensesGross ProfitIncome From OperationsIncome before Income TaxesNet Income / (Loss)Net SalesOperating ExpensesRetained Earnings, January 1Retained Earnings, December 31RevenuesTotal RevenuesTotal ExpensesSalesOther Comprehensive Income / (Loss)Comprehensive Income / (Loss)Other Revenues and GainsOther Expenses and Losses

$enter a total net income or loss amount

Marigold Corp. Comprehensive Income Statement choose the accounting period For the Month Ended December 31, 2022For the Year Ended December 31, 2022December 31, 2022

select a comprehensive income item Total RevenuesOther Comprehensive Income / (Loss)Net Income / (Loss)DividendsExpensesNet SalesIncome before Income TaxesTotal ExpensesIncome From OperationsRetained Earnings, December 31Retained Earnings, January 1RevenuesOperating ExpensesSalesGross ProfitComprehensive Income / (Loss) $enter a dollar amount
select a comprehensive income item RevenuesSalesNet Income / (Loss)Operating ExpensesTotal RevenuesComprehensive Income / (Loss)Gross ProfitExpensesOther Comprehensive Income / (Loss)Income From OperationsIncome before Income TaxesNet SalesRetained Earnings, January 1DividendsTotal ExpensesRetained Earnings, December 31 enter a dollar amount
select a closing name for this statement Net Income / (Loss)Total RevenuesOperating ExpensesIncome From OperationsDividendsExpensesIncome before Income TaxesRetained Earnings, January 1Retained Earnings, December 31SalesGross ProfitOther Comprehensive Income / (Loss)Total ExpensesNet SalesComprehensive Income / (Loss)Revenues $enter a total amount for this statement

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