Question: Can you answer and put into excel please? Income statement. From the following income statement accounts, a.produce the income statement for the year b.produce the

Can you answer and put into excel please?

Income statement. From the following income statement accounts,

  • a.produce the income statement for the year
  • b.produce the operating cash flow for the year

Income Statement Accounts for the Year Ending 2014

Account

Balance

Cost of goods sold

$345,000

Interest expense

$ 82,000

Taxes

$ 2,000

Revenue

$744,000

Selling, general, and administrative expenses

$ 66,000

Depreciation

$112,000

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!