Connor Company recently had most of its records destroyed in a fire. Melanie, Connors bookkeeper discovered the
Question:
Connor Company recently had most of its records destroyed in a fire. Melanie, Connor’s bookkeeper discovered the following information:
Assist the bookkeeper in reconstructing an income statement for 2023.
Transcribed Image Text:
Date Account Titles and Description 2023 Dec. 31 Income Summary Sales Returns and Allowances Sales Discounts Cost of Goods Sold CONNOR COMPANY GENERAL JOURNAL Delivery Expense Salaries Expense Rent Expense Office Supplies Expense Advertising Expense Depreciation Exp., Store Equipment 31 Sales Income Summary 31 Income Summary J. Connor, Capital PR 312 34 10 00 420 430 500 600 610 620 630 640 650 410 312 Dr. 312 310 554200 213200 Page 2 Cr. 140 00 30 00 218000 9000 84000 3000 50 00 10 00 4000 554200 213200
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Revenue Gross Sales Less Sales Returns and Allowances Sales Discounts Net Sales Cost of Goods Sold ...View the full answer
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Related Book For
College Accounting A Practical Approach
ISBN: 9780135222416
14th Canadian Edition
Authors: Jeffrey Slater, Debra Good
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