Question: i need the income statement filled out Post Ref Date Credit Account Titles Materials Accounts Payable Debit 410,000 410,000 Work in Progress Factory Overhead Materials



Post Ref Date Credit Account Titles Materials Accounts Payable Debit 410,000 410,000 Work in Progress Factory Overhead Materials 360,000 20,000 380,000 Work in Process Factory Overhead Wages Payable 75,000 110,000 185,000 Sales Commission Administrative Saleries Expenses Payable 90,000 200,000 290,000 Sales Travel Cost Accounts Payable 17 000 17,000 Factory Overhead Utilities Pavable Directions and not 43,000 43.000 Advertising Expense Accounts Payable 180,000 180,000 Factory Overhead Depreciation Expense-Selling and Admit Accumulated Depreciation 280,000 70,000 350,000 Factory Overhead Insurance Expense-Selling and Admin Prepaid Insurance 7,000 3,000 10,000 Work in Process Factory Overhead 480,000 480,000 Finsihed Goods Work in Process 900,000 900,000 Costs of Goods Sold Finished Goods 870,000 870,000 Accounts Receivable Sales 1,500,000 1,500,000 Factory Overhead Cost of Goods Sold 20,000 20,000 D E F G H 1 - B Smith Corporation Income Statement For the Year Ended December 31 2 3 Note: You will use all lines on the formatted statement 4 5 6 8 10 11 12 13 14 15 16 17 16 Directions and Data Journal Accounts Income statement
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