The adjusted account balances of Doqe Company show these data pertaining to sales at the end of
Question:
The adjusted account balances of Doqe Company show these data pertaining to sales at the end of its fiscal year, October 31, 2022:
Sales Revenue...............................$900,000
Freight-Out......................................$14,000
Sales Returns
Allowances.......................................$22,000
Sales Discounts...............................$13,500.
Instructions
Prepare the sales section of the income statement.
Prepare an income statement.
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