Question: Exercise 5-9 Presented below is information for Kaila Company for the month of March 2017. $223,450 Rent expense Cost of goods sold 34,010 Freight-out 7,150

Exercise 5-9 Presented below is information for Kaila Company for the month of March 2017. $223,450 Rent expense Cost of goods sold 34,010

Exercise 5-9 Presented below is information for Kaila Company for the month of March 2017. $223,450 Rent expense Cost of goods sold 34,010 Freight-out 7,150 Sales discounts 7,250 Insurance expense 5,150 Sales returns and allowances 12,300 Salaries and wages expense 59,880 Sales revenue 390,860 Prepare a multiple-step income statement. KAILA COMPANY Income Statement

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