Exercise 4: The following is a list of accounts for Company AAA for the year 2023: Revenue:

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Exercise 4: The following is a list of accounts for Company AAA for the year 2023: Revenue: $80,000 Cost of goods sold: $50,000 Operating expenses: $15,000 Non-operating income: $4,000 Non-operating expenses: $2,000 Income taxes: $8,000 Weighted average number of shares outstanding: 5,000 Instructions: Prepare an income statement for Company XYZ for the year 2023

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Exercise 4: The following is a list of accounts for Company AAA for the year 2023: Revenue:

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