Prepare an income statement for Rex Manufacturing for the year ended December 31 using the following...

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Prepare an income statement for Rex Manufacturing for the year ended December 31 using the following information. Hint. Not all information given is needed for the solution. Finished goods inventory, ending General and administrative expenses Accounts receivable $ 17,900 15,900 19,900 Finished goods inventory, beginning Cost of goods manufactured 20,900 41,900 Selling expenses Cash 13,900 56,900 Land 29,900 Sales Equipment 95,800 2,900 Cost of goods sold REX MANUFACTURING Income Statement For Year Ended December 31 Prepare an income statement for Rex Manufacturing for the year ended December 31 using the following information. Hint. Not all information given is needed for the solution. Finished goods inventory, ending General and administrative expenses Accounts receivable $ 17,900 15,900 19,900 Finished goods inventory, beginning Cost of goods manufactured 20,900 41,900 Selling expenses Cash 13,900 56,900 Land 29,900 Sales Equipment 95,800 2,900 Cost of goods sold REX MANUFACTURING Income Statement For Year Ended December 31

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The income statement for Rex Manufacturing is given below Rex Manufacturing Income Statement For Y... View the full answer